Evergrande gets a new reason to worry
Amid tightening regulatory scrutiny, the debt-laden property developer has been asked to tear down 39 buildings on the Chinese tropical island of Hainan
Source: livemint.com
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Chinese regulator warns small banks against chasing property sector loans
China’s banking regulator has warned the country’s smaller banks against rushing to grow their property sector loans after a cap on lending by big banks to the highly leveraged industry showed some initial success.
Source: scmp.com