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China's (state) financial press says mortgage loan approval is being accelerated

China's (state) financial press says mortgage loan approval is being accelerated

News
Eamonn Sheridan
20/01/2022 | 22:52 GMT
  • China Securities Journal

China Securities Journal reports that approvals for mortgage loans are being sped up.

The background to this is the turmoil in China's property sector weighing on buyer confidence. The PBOC is overseeing rate cuts as part of support efforts.

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