Logo 22 Jan 2018

Mortgage lending eases off

Property restrictions are finally starting to bite. That’s according to the latest mortgage data from the central bank (Caixin):

“As of the end of 2017, outstanding loans related to the country’s real estate industry amounted to RMB 32.2 trillion ($5.03 trillion), up 20.9% year-on-year, [and] ...

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