China’s government props up property sector
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 17 May 2024
⏱️ 9 minutes
🧾️ Download transcript
Summary
From the BBC World Service: The Chinese government says it will buy up millions of unsold homes across the country in a major intervention in the property market. The move come as the sector’s continuing slump threatens the whole economy. Also on today’s program: Students across Europe are demanding their universities cut financial and institutional ties with Israel, and Sir Paul McCartney becomes the first billionaire British musician.
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Transcript
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| 0:34.0 | My name is Lee Hawkins. |
| 0:40.0 | I've been a journalist for over 25 years. On my new podcast, What Happened in Alabama, |
| 0:47.0 | I get answers to some of the hardest questions about how things came to be for many black Americans and the truth that must come |
| 0:55.3 | before any reconciliation can happen. I investigate my family history, my upbringing |
| 1:01.8 | in Minnesota, and my father's painful nightmares about growing up in Alabama. |
| 1:07.0 | What happened in Alabama is a new series confronting the cycles of trauma for myself, my family, and for many black Americans. |
| 1:16.0 | Listen now. The Chinese government started buying up unsold properties to try and prop up the country's housing sector. |
| 1:32.4 | From the BBC World Service, this is the marketplace. to try and prop up the country's housing sector. |
| 1:32.6 | From the BBC World Service, |
| 1:34.3 | this is the Marketplace Morning Report. |
| 1:35.6 | I'm Will Bain. |
| 1:36.2 | Great to have your company |
| 1:37.7 | as we round out another business week here on the program. |
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