WORLD
Chinese authorities are closely monitoring trends in the real estate market and are not yet planning fresh tightening steps.
Chinese authorities are closely monitoring trends in the real estate market and are not yet planning fresh tightening steps, a banking regulatory official said in remarks published on Saturday.
Worries about further measures to curb speculation and rein in the red-hot property industry have weighed heavily on the domestic stock market, especially as there have been signs of a rebound in both transactions and prices recently.
China rolled out a slew of measures in April to make it harder for people to buy second or third homes, such as raising minimum down payments on mortgage loans.
"Up until now, our main efforts are focused on increasing oversight and strengthening credit policies for the property sector. We do not have any plans to issue new regulatory steps at the moment," the China Business News cited Jiang Dingzhi, deputy chairman of the China Banking Regulatory Commission, as saying.
Home buyers are "playing games" with property firms and some developers are confronted with slow sales and difficulties in quickly replenishing their cash flows, Jiang told reporters on the sideline of a forum in Shanghai, without elaborating.
Prateik Babbar shares passionate kiss with Priya Banerjee in dreamy wedding photos
Vicky Kaushal, Rashmika Mandanna, Akshaye Khanna’s Chhaava is a historic epic that roars to glory
'India, US stand firmly together in fight against terrorism': PM Modi
Ranveer Allahbadia hires Ex-Chief Justice of India's son as his lawyer, approaches Supreme Court
CanCentra Review 2025: Scam Or Legit Trading Platform? - Canada Facts!
PAFI Kabupaten Gunungkidul Launches Pharmacist Training Program to Elevate Healthcare Standards
Oswal Energies introduces Advanced Clean Energy Solutions at India Energy Week 2025
Top 5 Astrologers in India: Meet the experts who are shaping the future of Astrology
Don't Drown in the Decibels: A Cautionary PSA for Web3 community
BitGo's IPO Ambitions: A Bridge Between Traditional Finance and the Web3 Frontier
'Will sue': Mexico President Sheinbaum threatens legal action against Google over this reason
Urfi Javed gets engaged? Ring ceremony photos go viral, leaves fans speculating
With Chief Election Commissioner Rajiv Kumar set to exit, know who will likely succeed him
The curious case of Junaid Khan: What is different about Aamir Khan’s son?
Zeenat Aman reveals what she eats in a day to stay fit at 73: 'I used to feel embarrassed'
Anti-Valentine's Week 2025: Slap Day to Breakup Day, check full list
'Let's wait and watch': Baba Bageshwar addresses Ranveer Allahbadia controversy
Ranbir Kapoor, Alia Bhatt give couple goals, look perfect in black suit, red saree: Watch
TraderAI Review 2025: Scam or Legit Trading Platform? - Facts Check!
Vishal Dadlani meets with accident, postpones Pune concert: 'We regret to...'
Mallcom Breaks New Ground: Launches its D2C E-Commerce Store
SHOCKING! Man 'dead' in Mahakumbh stampede returns home on his own 'terahvi', asks family members...
Viral Video: Humpback whale swallows Kayaker, but then something shocking happened
IPL 2025 to start on THIS date, Rajat Patidar's RCB to face reigning champions KKR at Eden Gardens
World richest man Elon Musk gave THIS special gift to PM Modi, has SpaceX connection
'Frankly, I've been...': What US President Donald Trump said about Bangladesh crisis?
PM Modi-Trump's new formula: What is MAGA + MIGA = MEGA?
'His hand was over my...': Bigg Boss 18 fame Edin Rose shares SHOCKING casting couch experience
Meet CEO of one of world's biggest IT firms, who will undergo treatment for breast cancer
No bank holiday on Eid al-Fitr this year? Know reason behind this
Indian doctor claims THIS about paneer, milk, prompts debate on social media, netizens say...
Every home of THIS town owns a private jet, has unique street names, it is located in...
'Delight to meet Elon Musk's family...': PM Modi after call-on by Tesla CEO accompanied by his kids