Wanda Mansion in Dalian. Most developers have achieved their 2013 targets and are on the prowl for new sites. Photo: Bloomberg

Mainland China banks tighten lending as quotas for property loans filled

Lenders raise interest rates and delay release of funds in the wake of a surge of applications, pointing to a sales slump in secondary market

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Wanda Mansion in Dalian. Most developers have achieved their 2013 targets and are on the prowl for new sites. Photo: Bloomberg
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