China pledges to buy apartments and finish stalled housing projects
A man rides a scooter past apartment highrises that are under construction near the new stadium in Zhengzhou, Henan province, China, January 19, 2019. REUTERS/Thomas Peter/File Photo China on Friday announced plans for local governments to buy "some" apartments and pledged forceful efforts to deliver unfinished homes, as part of a new round of measures to stabilise the crisis-hit property sector.