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CHINA: NO SIGN OF EASING LOANS FOR 2ND SUITE OF HOUSES PURCHASES.
SHANGHAI, April 1 Asia Pulse - Shanghai Banking Regulatory Bureau on March 30 published a notice, claiming that it has examined and concluded that there are no signs of Chinese commercial banks in Shanghai having relaxed their granting of loans to the purchase of second suite of houses, all Chinese commercial banks are still strictly abiding by the policy requirements for loans granted to individual purchase of second suite of houses.
The People's Bank of China (PBoC), China's central bank, and China Banking Regulatory Commission in 2007 published the "Circular on Strengthening Management of Commercial Credit ...
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Source: HighBeam Research, CHINA: NO SIGN OF EASING LOANS FOR 2ND SUITE OF HOUSES PURCHASES.