China pushes banks to speed approvals of new loans to private developers, say sources

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Chinese regulators are pushing banks to speed up approvals of new loans to cash-starved private property developers, people with knowledge of the matter said, a bid to revive homebuyer sentiment that risks denting lenders’ asset quality. The effort uses the “whitelist” mechanism, Beijing’s latest...

https://www.hellenicshippingnews.com/china-pushes-banks-to-speed-approvals-of-new-loans-to-private-developers-say-sources/

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