China extends property loans at the fastest pace in three years as mortgage crisis spreads
July 23 2022, 08:00
China's banking regulator has pledged to boost lending to help developers finish stalled property projects and boost buyers' demand, as a growing mortgage boycott by homebuyers exacerbates the country's real estate woes.
China's banking regulator has pledged to boost lending to help developers finish stalled property projects and boost buyers' demand, as a growing mortgage boycott by homebuyers exacerbates the country's real estate woes.
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