SUBSCRIBERS

Loans to China's property developers down slightly in Q2

Published Wed, Jul 22, 2015 · 09:50 PM
Share this article.

Beijing

BANK lending to China's property developers cooled slightly in the second quarter but remained at high levels, official data showed on Wednesday, underlining the government's efforts to get lenders to support the struggling property market.

Developers took 4.88 trillion yuan (S$1.07 trillion) worth of loans by the end of June, up 20.9 per cent on an annual basis and slower than a 24.1 per cen…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here