Wednesday, November 4, 2009

China regulator to review developers’ debt levels

 
 

Sent to you by MarcG via Google Reader:

 
 

via Lushhomemedia by luxuryasiahome on 11/3/09

Move to cut firms' leverage on fears borrowings fuel too rapid price surge China's banking regulator plans to review debt levels at some real-estate developers on concern the companies' borrowings are fuelling excessive gains in property prices, a person familiar with the matter said. The China Banking Regulatory Commission wants to reduce leverage at developers that bought [...]

 
 

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