Sun, Oct 26, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Finance, Market Moves more

China: Real estate loans – a potential threat

Posted on 25 August 2010

From Luckyroom.com: The rapidly growing real estate market poses risks to the banking system in China. This is the conclusion according to information of the Chinese press regarding the “endurance tests” that applied to the largest banks in the country. The Chinese authorities ordered banks to measure their endurance, based on extreme negative scenarios for the national economy and asset markets.

The most significant of these “stress tests” was a sharp fall in house prices by 50%. According to information on the Chinese newspaper “21st Century Business Herald” – which reproduced by Reuters – showed that such a crisis in the real estate market would had as a result the rapid growth of high risk mortgage loans…………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031