UPDATE 1-China clamps down on risks in rental housing market
24 Dec UPDATE 1-China clamps down on risks in rental housing market
Posted at 05:49h
in
News
by KMFSLLP
China will curb financial risks
in the rental housing market by tightening lending to rental
housing companies and capping the ratio of their rental income
from loans taken by tenants at 30%, the housing ministry said on
Wednesday.
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