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  1. Analysts see greater risk in mainland mortgages

    Posted Jan 23rd 2008, 12:00am by Tom Miller

    ... Tom Miller in Beijing The huge exposure of mainland banks to the domestic property market presents a far greater financial risk than their investments in US subprime mortgage securities, ... they are making good credit decisions for the corporate sector and households,' said Charlene Chu at Fitch Ratings. Bank of China, which holds US$7.95 billion in US subprime mortgage securities, ...

  2. Failing growth the threat to China shares not slowing loans

    Posted Sep 01st 2009, 12:00am by Tom Holland

    ... with Tom Holland The rout in the mainland stock markets continued with a vengeance yesterday. Shares in Shanghai fell 6.7 per cent to close a steep 23 per cent below their high for the year, reached just four weeks ago. Meanwhile in Shenzhen, the main ind ...

  3. Growth in new loans better than expected

    Posted Dec 15th 2011, 12:00am

    ... Jane Cai in Beijing and Lulu Chen New lending by banks on the mainland grew faster than expected last month, indicating policy fine-tuning by Beijing is under way to counter an economic slowdown. Mainland banks extended 562.2 billion yuan (HK$689.99 billi ...

  4. Beijing eases financial terms for developers

    Posted May 28th 2009, 12:00am by Staff Reporter

    ... Daniel Ren in Shanghai Beijing has lowered capital requirements for residential property developers, taking a new step to spur the housing market by easing financial terms for builders, as the country increases its efforts to combat the economic downturn. ...

  5. Beijing's market meddling costlier than moral hazard

    Posted Apr 26th 2008, 12:00am by Shirley Yam

    ... mainland policymakers have a new answer to the criticism. 'Didn't the west just bail out their banks falling in the subprime crisis in the name of financial stability?' That is the tune widely sung in Beijing. In short, who has a clear enough conscience to point his finger at us? Indeed, the subprime crisis and the authorities' handling of it have challenged many ...

  6. More tightening likely as capital spending rises

    Posted Apr 18th 2007, 12:00am by Cary Huang

    ... Cary Huang in Beijing Bank liquidity fuels outlays The mainland's capital spending in urban areas, a key driver of the world's fourth largest economy, picked up speed last month, signalling that the government will introduce further tightening m ...

  7. Beijing plans stimulus for target sectors

    Posted May 31st 2012, 12:00am

    ... to duplicate its four trillion yuan (HK$4.54 trillion) package introduced in 2008 to counter the US subprime mortgage crisis. But officials at the meeting also decided to launch 20 major projects ... The energy-saving projects will officially begin tomorrow and will be implemented for one year. 4tr yuan The last major stimulus package rolled out by Beijing in 2008, during the US subprime scandal ...

  8. Beijing's grip slows development cash

    Posted Sep 10th 2011, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Investment in property development on the mainland is slowing amid Beijing's continued measures to tighten lending and restrict demand. Developers are increasingly being required to use more of their own funds to financ ...

  9. Don't be fooled, Beijing lacks the stomach to fight inflation

    Posted Jan 28th 2011, 12:00am by Tom Holland

    ... with Tom Holland Over the past week or so, Beijing has been busy rolling out its latest round of administrative restrictions aimed at cooling the mainland's dangerously overheated economy. At first glance, it looks like the government is mounting a v ...

  10. Bubble in the sky

    Posted May 07th 2011, 12:00am

    ... the entire class has found jobs in Beijing. Those young men and women will date, marry and, yes, get a mortgage to own a piece of Beijing some day. That is what we call 'hard' demand in China. Next, let's look at the mortgage situation. One thing a lot of Western observers don't understand about the housing market in mainland China is that a lot of people- about 25 per ...




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