Relevant:
- China Said to Warn Banks on Property, Local Government Loans
- China tells banks to check loans being used properly
- Chinese Banking Stress Test Assumptions Imply Chinese Real Estate May Be Overvalued By As Much As 60%
- Australia moves to dial down financial stability risks in home loans from Non-bank lenders
- China Tightens Lending Rules to Deter Real-Estate Speculators
2010-08-25 — bloomberg.com
"Chinese banks are tightening loans to the real estate industry after the government began a clampdown on property speculation in April. The banking regulator in July ordered lenders to assess the potential impact of prices dropping as much as 60 percent in some cities, according to a person with knowledge of the matter."
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