China Pushes Banks To Speed Approvals Of New Loans To Private...: Revision history

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    28 April 2024

    • curprev 00:5900:59, 28 April 2024‎ LavadaMcQuiston talk contribs‎ 4,375 bytes +4,375‎ Created page with "HONG KONG/BEIJING, March 25 (Reuters) - Chinese regulators are pushing banks to speed up approvals of new loans to cash-starved private property developers, people with knowledge of the matter said, a bid to revive homebuyer sentiment that risks denting lenders' asset quality.<br><br>The effort uses the "whitelist" mechanism, Beijing's latest support measure aimed at easing the sector's unprecedented liquidity squeeze and spurring home purchases, as new home prices fell..."
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