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The content originally appeared on: CNN Hong Kong (CNN Business)China's banking regulator has pledged to boost lending to help developers finish stalled property projects and boost buyers' demand, as a growing mortgage boycott by homebuyers exacerbates the country's real estate woes. The China Banking and Insurance Regulatory Commission (CBIRC) reiterated Thursday that it will provide 'active credit support' for property developers, so they can complete delayed or stalled projects as soon as possible. It also urged banks to issue more […]
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