The Chinese government has told the country's most important financial institutions to balance their loan offerings and to make credit plans for the last two months of this year and next year to bolster the real estate market and halt a deepening skid in the economically important sector.
Caixin
China tells top financial institutions to bolster property market
Banks should not demand early payment of loans by developers, regulators say
China's central bank and other top financial regulators summoned financial institutions to discuss credit issues on Nov. 17. © Reuters
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