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Real Estate Briefing - Categorized | Finance, Performance more

China property loans surge in Q3

Posted on 23 October 2012

Bank lending to China’s real estate sector rebounded sharply in the third quarter helped by rising sales and investment, central bank data showed, the latest sign that house prices may be stabilising.
Chinese banks lent 416.8 billion yuan ($66.65 billion) to home buyers and property developers between July and September, up 29 percent from the previous three months………………………………………..Full Article: Source


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