China's efforts to revive the country's embattled real estate sector have taken another step forward with the opening of applications from private equity (PE) companies to set up property-focused investment funds.
Caixin
How China's PE funds are helping revive real estate: 4 things to know
Cautious pilot program allows investing in residential projects, affordable homes
Unfinished apartment buildings at a residential complex in Guilin in China's Guangxi Zhuang Autonomous Region. © Reuters
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