Relevant:
- Agricultural Bank Said to Freeze Lending to Developers Until End of Month
- The end of the con in China: Andy Xie
- China Regulator Said to Tell Banks Provisions for Bad Loans Are Inadequate
- China tells banks to check loans being used properly
- China to Stop Local Governments' Property Easing, Securities News Reports
2011-11-18 — bloomberg.com
"China's banking regulator warned lenders that some projects backed by local governments may run out of funds, and loans to property developers are likely to sour as sales slow, a person with knowledge of the matter said."
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