China is retreating from a policy that has channelled about $1tn in subsidies to homebuyers since 2016, a reversal that has sent tremors through the residential property market amid broader concerns about a housing bubble.
中國正在退出一項自2016年以來向購房者提供了逾1兆元人民幣補貼的政策，在各界普遍擔憂房地產泡沫之際，這一政策逆轉給住宅房地產市場帶來震動。
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