Китай существенно замедлил апрельские темпы роста цен на недвижимость regnum.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from regnum.ru Daily Mail and Mail on Sunday newspapers.
China has made a start in reversing excessive capital flows into the real estate market, with the top banking and insurance regulator s measures to rein in funneling of business loans into property financing bearing fruit.
Property lending portfolio of lenders increased by 10.5 percent on a yearly basis by the end of April, with the growth rate hitting an eight-year low, said Liang Tao, vice-chairman of the China Banking and Insurance Regulatory Commission, at a news conference on Tuesday.
The country s top banking and insurance regulator, together with the Ministry of Housing and Urban-Rural Development and the People s Bank of China, took measures to prevent business loans from flowing into the real estate sector by requiring banks to strengthen borrower qualification verification, credit demand verification and the administration of intermediaries.
China s property loans increase at slowest pace in years--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.
The decline of the macro leverage ratio remained overall stable, Liang Tao, vice chairman of China Banking and Insurance Regulatory Commision, told reporters in Beijing.
With China on track to achieve its net-zero carbon pledges, global investors are eyeing new green business opportunities from the world s second largest market.