"China's biggest challenge in its plans to build 36 million affordable homes over five years is the ability to tap funding and draw developers to work on the project, according to Cushman & Wakefield Inc. The nation needs ¥1.3 trillion for the project this year, excluding land costs, Housing and Urban-Rural Development vice minister Qi Ji had previously said."
The plan calls for the building and renovation of low cost homes. The total investment will be 1.3 trillion yuan ($198 billion), with 500 billion yuan coming from central and local governments and the remainder of the funds coming from public institutions and businesses.
Comment profiter de ce plan gigantesque ?
TAO.nyse
http://www.guggenheimfunds.com/etf/fund/tao
YAO.nyse / provides exposure to Chinese lenders China Construction Banks
YAO.nyse / provides exposure to Chinese lenders China Construction Banks
IFAS.q
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