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China Launches 4-City Reverse Mortgage Experiment 

Jun 23, 2014By

China will soon roll out a pilot reverse mortgage program for seniors in four of its cities, Reuters reports. Beijing, Shanghai, Guangzhou and Wuhan will launch the two-year pilot starting July 1. Official figures show that in February, China had more than 200 million people over the age of 60, accounting for 15 percent of the total population, […]

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