> China says will cut rates for first-time home purchases / 44QG6KD
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China says will cut rates for first-time home purchases / 44QG6KD
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Description
The head of China's central bank, Pan Gongsheng, announces the cutting of rates for first-time home purchases, as Beijing looks to provide much-needed support to the troubled property market. China's economy is struggling with the effects of weak consumption and the trade was with the United States. IMAGES AND SOUNDBITES COMPLETES WITH VIDI_44QB4CP ++