Press "Enter" to skip to content

China’s new mortgage debt this year hits record high, growth pace slows amid tightening scrutiny

China's new home mortgage loans in the first eight months of the year hit the highest on record, but the growth slowed in August after the authorities tightened scrutiny on bank lending to the housing market and mortgage rates rose.

In the first eight months, Chinese banks extended 3.65 trillion yuan medium- and long-term loans to the household sector, or home mortgage loans, in the first eight . . .

To continue reading, please subscribe.

FREE TRIAL

We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. 

What you'll get:

  • Original and in-depth reporting on China's economy and financial markets
  • Details, data and perspectives you don't read elsewhere
  • Daily Brief newsletters to get you prepared for every trading day
  • Weekly updates on China's financial markets - stocks, bonds, the yuan and commodities
  • Interviews and discussions on topics you should never miss!

 

Already have an account? Sign In

Top