About 70 per cent of China’s 15 trillion to 20 trillion yuan entrusted loans and trust loans ultimately are channelled to financing vehicles and property firms, according to Morgan Stanley. Photo: Reuters

China shuts loophole on non-standard credit to property and infrastructure sectors

Topic |   Financial regulation

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About 70 per cent of China’s 15 trillion to 20 trillion yuan entrusted loans and trust loans ultimately are channelled to financing vehicles and property firms, according to Morgan Stanley. Photo: Reuters
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