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China to Scrutinize Real Estate Developers' Financing, Ministry Says

CHINA PRESS
MNI (Sydney)

China will step up the regulation of the real estate sector with new rules targeting the financing of developers, Economic Information Daily reports citing the Ministry of Housing and Urban-Rural Development and the PBOC. The moves mark the first time that regulators have focused on developers as China seeks to maintain the long-term stability of the housing market, the Daily said citing Yan Yuejin, a research director of Shanghai E-House Real Estate Research Institute.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

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