$20,000 housing subsidies for Nanjing’s marathon runners | Asia News Week | ABC NEWS
As China faces a sustained property downturn with countless ‘ghost towns’ that have failed to attract residents, some local governments have offered housing subsidies of up to $20,000 AUD to marathon participants. Reporter for ABC Chinese, Jason Fang, explains to Asia News Week’s Yvonne Yong how authorities are trying to entice more homebuyers to newly built apartment complexes and whether it’s working.
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