China cracking down on bank loans redirected to property sector in 32 cities
08 Aug China cracking down on bank loans redirected to property sector in 32 cities
Posted at 08:16h
in
News
by KMFSLLP
China’s banking and insurance
regulator has launched a nationwide bank inspection to determine
if loans have been used illegally to fund property investment,
to further clamp down on speculation in the country’s real
estate market.
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