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Real Estate Briefing - Categorized | Finance, Market Moves more

China property loans ease in quarter, but still relatively strong

Posted on 25 January 2013

Bank lending to China’s property sector eased in the last quarter of 2012 but remained at a relatively high level as the property market recovered, data from the central bank showed on Thursday.
Chinese banks lent 367.9 billion yuan ($59.17 billion) to home buyers and property developers between October and December, cooling from the third quarter’s 416.8 billion yuan, though still sharply higher the first quarter’s 242.7 billion yuan - the low point of last year………………………………………..Full Article: Source


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