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A man rides on an electric bike past residential buildings under construction in Beijing on June 5, 2023. China promised more help for renters as it rolls out a flurry of measures to prop up its ailing property market, while also promising to keep government spending at a “necessary intensity.” (AP Photo/Andy Wong, File)

A man rides on an electric bike past residential buildings under construction in Beijing on June 5, 2023. China promised more help for renters as it rolls out a flurry of measures to prop up its ailing property market, while also promising to keep government spending at a “necessary intensity.” (AP Photo/Andy Wong, File)

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