Blogotariat

Oz Blog News Commentary

Still more Chinese property tightening

April 21, 2017 - 00:04 -- Admin

Via Reuters: China’s banking regulator sees “severe risks” from funds flowing into the real estate, coal and steel industries through the trust industry, a major part of the shadow banking sector, two sources with knowledge of the matter said on Thursday. Deng Zhiyi, head of the Trust Department at the China Banking Regulatory Commission (CBRC),

The post Still more Chinese property tightening appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]