Financial China

Mortgage curbs

  • Published 06 Aug 2009

China's banking regulator is serious about making its second property mortgage curbs stick.

It is clear that China's financial regulators are concerned about potential asset bubbles in the property market. However, they appear unwilling for now to rein in property developers, so they are trying to keep prices from surging by tweaking the impulses behind property demand. The target of their attentions is second properties.

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