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China’s developers face funding squeeze

Posted on 10 August 2011

China’s property developers are heading for a funding crunch in the next several months, analysts and industry executives say, as the government tightens access to credit from the lightly regulated trust firms that have become the sector’s biggest lenders.
The efforts by the China Banking Regulatory Commission, which haven’t been publicly announced, add pressure to an industry that already was struggling with other government attempts to take some of the air out of the country’s property bubble………………………………………Full Article: Source


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