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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessChina Big Cities to Tighten Mortgages to Prevent Bubbles: Newspaper
Authorities in more big Chinese cities may toughen mortgage reviews and increase waiting periods for granting loan approvals, particularly for pre-owned home purchases, following restrictive policies that have slowed transactions and narrowed price gains, the 21st Century Business Herald reported. Buyers for pre-owned homes may need to wait over three months to get loans from banks in Chongqing and Wuhan, the newspaper said. Banks under pressure to control mortgage lending will face mid-year regulatory reviews, and regulations attempting to prevent an overheated housing market will be tightly implemented, the newspaper said.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.