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Banks Told to Control Property Lending After Politburo Speaks

2019年08月01日 20:41 来源于 财新网
Central bank tells commercial lenders to focus on boosting credit to manufacturers
The People’s Bank of China has instructed banks to control growth in mortgage loans to homebuyers. Photo: VCG

* People’s Bank of China noted at the meeting that lending to property companies still accounts for an excessive proportion of overall credit

* Government’s concern is underscored by official data that shows growth in investment in the manufacturing sector decelerated further in the first half of 2019

版面编辑:喻竹杨洋
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