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China to Aid Developers as Homebuyers Boycott Mortgages

People who bought residences from developers' plans have stopped making payments on unfinished dwellings, cutting off source of completion funding

China , Beijing , Henan , United-states , Jingdezhen , Jiangxi , Wuhan , Hubei , Shanxi , Fujian , Chinese , Liu-zhongrui

China to Aid Developers as Homebuyers Boycott Mortgages - New Delhi Times - India Only International Newspaper

Chinese authorities are promising to establish an initial rescue fund of $11.8 billion (80 billion yuan) to offset a looming crisis in the real estate sector, where homebuyers routinely purchase residences from developers' plans and begin making mortgage payments before the dwellings are finished. By having customers purchase homes "off plan," builders can receive construction…

China , Beijing , Henan , United-states , Jingdezhen , Jiangxi , Wuhan , Hubei , Shanxi , Fujian , Chinese , Liu-zhongrui

China's economy at risk with banks witnessing rise in non-performing assets

Chinese bank depositors, who are protesting against their inability in getting their frozen funds back, are now boycotting the mortgages payment which in turn i

Beijing , China , Japan , Chinese , Japanese , Liu-zhongrui , Insurance-regulatory-commission , Financial-post , China-banking , Tian-yun ,

Financial risks in CBIRC focus

Success reinforces regulator's resolve to prevent, control, withstand woes

Dalian , Liaoning , China , Shenzhen , Guangdong , Henan , Jilin , Gansu , Qi-xiang , Jiangsu , Liu-zhongrui , People-bank

China's property bust passes the tipping point

China's property bust passes the tipping point
macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.

Beijing , China , Shanghai , Chinese , Gavekal-dragonomics , Liu-zhongrui , Andrew-batson , Insurance-regulatory-commission , China-banking , Two-sessions ,

China extends property loans at the fastest pace in three years as mortgage crisis spreads

China extends property loans at the fastest pace in three years as mortgage crisis spreads
ktvz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ktvz.com Daily Mail and Mail on Sunday newspapers.

Beijing , China , Henan , Zhengzhou , Chinese , Liu-zhongrui , People-bank , Zhengzhou-real-estate-group , Warnermedia-company , Cable-news-network-inc , Cnn , Insurance-regulatory-commission

Banking regulator vows to settle rural banking malfeasance in Henan, Anhui

China's banking regulator said on Thursday that relevant work regarding some village banks, in which depositors found that they could not withdraw their cash, is making steady progress.

Anhui , China , Guangzhou , Guangdong , Beijing , Henan , Qi-xiang , Jiangsu , Liu-zhongrui , People-bank , Regulation-department , Risk-monitoring-department

CBIRC updates bailout policies to support MSBs

China steadily increased lending to small businesses and optimized credit structure to tide over tough times while its banking sector improved risk management and stepped up disposal of risks, regulatory officials said on Friday.

China , Shanxi , Fujian , Liu-zhongrui , Wang-zhaodi , People-bank , Insurance-regulatory-commission , China-banking , Banks , Cbirc , Risks , Loans

China's banking sector NPL ratio eased to 1.79% at end-March - regulator

BEIJING — China’s banking sector’s non-performing loan (NPL) ratio was at 1.79% at the end of March, down 0.03 percentage points from the start of the year,…

Anhui , China , Yangtze-river , China-general- , Shanghai , Zhejiang , Chinese , Ellen-zhang , Tina-qiao , Liu-zhongrui , Kim-coghill , Kevin-yao

China's banking sector NPL ratio eased to 1.79% at end-March - regulator

China's banking sector's
non-performing loan ratio was at 1.79% at the end of
March, down 0.03 percentage points from the start of the year,
the country's banking and insurance regulator said on... | April 15, 2022

Anhui , China , Beijing , Yangtze-river , China-general- , Shanghai , Zhejiang , Chinese , Ellen-zhang , Tina-qiao , Liu-zhongrui , Kim-coghill