A file picture of a man and woman riding past a residential luxury home complex in Beijing. Photo: AFP

China mortgage rules tightened to curb people divorcing to qualify to buy second homes

Central bank orders stricter control of mortgage applications to rein in soaring property prices, including tougher rules on divorcees buying second apartments

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A file picture of a man and woman riding past a residential luxury home complex in Beijing. Photo: AFP
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Zheng Yangpeng

Zheng Yangpeng

Zheng Yangpeng is a business reporter at the Post, covering China property, banking and finance. He previously worked for China Daily, joining the Post in 2016. He holds a Bachelor's Degree in Journalism and Communication from Peking University, and a Master's Degree in Global Business Journalism from Tsinghua University.