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#China pushes #banks to speed approvals of new loans to private developers, say sources https://t.co/a50dSf9nI4
🇨🇳 #China pushes banks to speed approvals of new loans to private developers – Reuters https://t.co/OQd8BJviUa
🇨🇳 #China Seen Delivering More RRR Cuts This Year to Boost Economy – Bloomberg https://t.co/ipx3sd7lPw
China is pressuring banks to accelerate the approval process for new loans to private developers, aiming to support the real estate sector. This move comes amid concerns following a recent Yuan selloff and signals potential further easing measures by the People's Bank of China to stimulate the economy.