Money Street News


Chinese banks have committed 1.4 trillion yuan ($196 billion) in loans to support more than 5,000 real estate projects that qualify for a financing support program aimed at reviving the struggling housing sector.

The funding was approved under a financing coordination mechanism launched in January, designed to ensure viable projects can secure the finance needed to complete construction and deliver new homes to their owners.

loadingImg

You’ve accessed an article available only to subscribers

VIEW OPTIONS





Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


No, thank you. I do not want.
100% secure your website.