China urges banks to support property sector after mortgage boycott - news.com.au

<p>China's banking regulator has urged lenders to extend more credit to real estate developers, as a growing number of homebuyers withhold mortgage payments on unfinished housing projects across 50 cities.</p>

A consumer boycott has heightened fears of financial contagion in China's troubled real estate sectorChina's banking regulator has urged lenders to extend more credit to real estate developers, as a … [+1961 chars]

full article...