Only 7,400 square metres of new residential flats entered the market in Shanghai in October. Photo: AFP Only 7,400 square metres of new residential flats entered the market in Shanghai in October. Photo: AFP
Only 7,400 square metres of new residential flats entered the market in Shanghai in October. Photo: AFP

2017’s first decline in bank loans for property development after state controls chill Shanghai market

Loans to developers dropped by 3.6 billion yuan in October

Topic |   China property
Only 7,400 square metres of new residential flats entered the market in Shanghai in October. Photo: AFP Only 7,400 square metres of new residential flats entered the market in Shanghai in October. Photo: AFP
Only 7,400 square metres of new residential flats entered the market in Shanghai in October. Photo: AFP
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