Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
China's property market is experiencing challenges as officials are pushing banks to provide loans to cash-strapped real estate developers. The State Council is considering easing home purchase restrictions in major cities to stimulate the market. The property downturn is impacting the balance sheets of China's largest state banks.
China's property crisis is bleeding into its banking sector, which is being asked to prop up developers https://t.co/G1HNUqwCSN
Chinese property market crash continues its slow, majestic progress. https://t.co/KWbmJpHUsS
"China’s protracted property downturn is eroding the balance sheets of the nation’s largest state banks as their bad loans creep up." https://t.co/7C9jX1jTwA https://t.co/4IOTGSSAdF
