KM Financial Solutions | China cracking down on bank loans redirected to property sector in 32 cities
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China cracking down on bank loans redirected to property sector in 32 cities

China cracking down on bank loans redirected to property sector in 32 cities

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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