Henan’s local authorities assigned a bad-loans manager and a state-owned real estate developer to clean up the province’s property mess, taking drastic action to contain a crisis ahead of China’s twice-a-decade leadership conclave.
The China Banking and Insurance Regulatory Commission has urged Chinese banks to increase loan support for real estate developers so they can complete unfinished projects
The China Banking and Insurance Regulatory Commission has urged Chinese banks to increase loan support for real estate developers so they can complete unfinished projects