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China Development Bank (CDB) has........>

CHINA PRESS
CHINA PRESS: China Development Bank (CDB) has revoked shantytown renovation loan
approval, reported the 21st Century Business Herald. 
  - CDB started to give subsidies in 2014 so that shantytown dwellers would be
able to buy existing homes rather than being relocated to low-cost public
housing. This was used to improve residents' livelihood and cut excess urban
real estate inventory.
  - CDB may pause the programme to regulate local government liabilities, which
will affect compensation for relocated people, said an official in the fiscal
system of Zhejiang Province, according to the newspaper.

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