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China’s reserve requirement cut expected to slightly ease shortage of home mortgage loans

Last updated on July 14, 2021

China's home mortgage loans have been tight this year and analysts believe the central bank's latest move to cut banks' reserve requirement ratio (RRR) will slightly ease the condition as banks get room to extend more loans, but they noted the overall impact will be limited as policy environment for the housing sector has changed.

New bank loans to the household sector totaled 868.5 billion yuan in June, down by 113 billion yuan from . . .

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