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China steps up whitelist mechanism for property sector – media | Hellenic Shipping News Worldwide

China steps up whitelist mechanism for property sector – media | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

China s whitelist strategy unlocks billions in loans for residential development

International Business News: NEW DELHI: Over 8,200 housing initiatives have received development loan matches from five national Chinese banks through a "whitelist" strategy desig.

China: Logan Group s liquidation proceedings dismissed, Real Estate News, ET RealEstate

Regulatory bodies seem to have exerted greater pressure on banks to extend credit to property developers, accelerating the whitelist project process beyond anticipations," remarked Raymond Cheng, the head of China research at CGS International.

China steps up whitelist mechanism for property sector - media

Five state-owned Chinese banks have been matched with more than 8,200 residential projects for development loans under the whitelist mechanism aimed at injecting liquidity into the crisis-hit.

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