Whitelist property lending slows
Subscribe to keep reading.
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Already a subscriber? Log in.
Banks continue to expand lending to housing projects under the whitelist mechanism, but at a slower pace.
On Wednesday, the financial regulator (NFRA) disclosed that, as of August 21, commercial banks had approved almost RMB 1.4 trillion in loans to 5,392 whitelisted property projects since the prog...