China plans to set up real estate fund worth up to $44 bln – REDD

The Evergrande Center of China Evergrande Group is seen amid other buildings in Shanghai, China, September 24, 2021. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register HONG KONG, July 25 (Reuters) – China is planning to set up a real estate fund that could be worth up to 300 billion yuan ($44.39 … Read more

China urges banks to extend loans for real estate projects amid mortgage boycott

A woman walks near a construction site of apartment buildings in Beijing, China, July 15, 2022. REUTERS/Thomas Peter Register now for FREE unlimited access to Reuters.com Register SHANGHAI/BEIJING, July 18 (Reuters) – Chinese regulators on Sunday urged banks to extend loans to qualified real estate projects and meet developers’ financing needs where reasonable, in their … Read more