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China will simplify and improve fund management for the dollar-denominated Qualified Foreign Institutional Investor scheme (QFII) and its yuan-denominated sibling, RQFII, Zhu Hexin, deputy governor of the People's Bank of China, said on Wednesday.
Cuts to down payment ratios and mortgage rates in Beijing, along with the policy optimizations in some of China's largest cities, will create a better environment for homebuying sentiment in the second half of the year, help boost market confidence and stabilize the entire property market, said realty experts on Thursday.