At its peak, China’s property market accounted for a quarter of the world’s second-largest economy. PHOTO: EPA[BEIJING] Beijing’s municipal authorities have announced further measures to relax home-buying curbs as they try to prop up flailing home prices in the Chinese capital. At its peak, China’s property market accounted for a quarter of the world’s second-largest economy, but it has been struggling with a debt crisis since mid-2021. The announcement included higher caps on housing provident fund loans – raising the maximum for single contributors to 1.2 million yuan (US$178,000) for a first home and 2.4 million yuan for dual-income households. There will be further top-ups of up to 600,000 yuan and one million yuan available for buyers in outer districts, green-certified housing, or families with two or more children.