Unfinished apartment buildings at the construction site of a China Evergrande Group development in Beijing. Photo: Bloomberg
Unfinished apartment buildings at the construction site of a China Evergrande Group development in Beijing. Photo: Bloomberg

As China’s mortgage boycott revolt spreads, senior banking regulator assures steps to solve crisis

  • The mortgage boycott crisis in China has spread to 319 projects from around 100 a week ago
  • Senior banking regulator says banks will provide loans to developers to complete delayed residential projects

Unfinished apartment buildings at the construction site of a China Evergrande Group development in Beijing. Photo: Bloomberg
Unfinished apartment buildings at the construction site of a China Evergrande Group development in Beijing. Photo: Bloomberg
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