
China Vows to Ensure Unmarried Mothers Get Equal Maternity Leave
China has vowed to ensure unmarried mothers receive maternity benefits, as the world’s second-largest economy revamps a slew of policies in a bid to boost its falling birthrate.
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China has vowed to ensure unmarried mothers receive maternity benefits, as the world’s second-largest economy revamps a slew of policies in a bid to boost its falling birthrate.
China’s state media said local governments could sell more than $229 billion of bonds to fund infrastructure investment and plug budget gaps, a further move by Beijing to shore-up an economy hit by worsening coronavirus outbreaks and a property slump.
Commodities firms with downstream investments are likely to benefit most from policy support unveiled in Indonesia’s annual budget, while the health-care sector is least favored, analysts say.
China’s largest developer Country Garden Holdings Co. warned that first-half earnings probably tumbled by as much as 70% amid an escalating property crisis in the country.
China’s local governments are likely to sell more bonds in coming months, providing them with more resources to fund infrastructure projects as their finances come under strain.
May 3, 2022
The Canadian Press
VANCOUVER - The Real Estate Board of Greater Vancouver says home sales in the region fell in April and returned to more historically typical levels for the month.
The board says residential home sales in the region totalled 3,232 in April, down from 4,908 in April 2021 and 4,344 homes in March 2022.
The April sales were 1.5 per cent above the 10-year sales average for the month.
REBGV chair Daniel John says the return to a more traditional pace of home sales over the last two months provides hopeful homebuyers more time to make decisions, secure financing and perform other due diligence such as home inspections.
The board says there were 6,107 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service in Metro Vancouver in April, down 23.1 per cent compared with April 2021 and down 8.5 per cent compared with March 2022.
The sales came as the MLS home price index composite benchmark price for all residential properties in Metro Vancouver was $1,374,500, up 18.9 per cent over April 2021 and a one per cent increase compared with March this year.