A sales assistant speaks to a customer in front of a model of a residential complex, at a real estate exhibition in Shanghai. Recent property cooling measures have dented demand for residential mortgages. Photo: Reuters

China’s new loan growth to fall further after sharp drop in October

Property cooling measures dent mortgage business, while corporate credit growth plummets on seasonal effect and sluggish demand

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A sales assistant speaks to a customer in front of a model of a residential complex, at a real estate exhibition in Shanghai. Recent property cooling measures have dented demand for residential mortgages. Photo: Reuters
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