- August 20, 2023
- Posted by: legaleseblogger
- Category: Related News
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China’s Policymakers Concerned About Economic Deterioration
Recent meetings between China’s central bank, financial regulators, and bank executives have highlighted policymakers’ growing worries regarding the declining economic outlook. In an effort to support a recovery, authorities have repeatedly called on lenders to increase loans.
Emphasis on Optimizing Home Mortgage Policies
During a meeting held on Friday, regulators urged for adjustments and optimization of policies specifically related to home mortgages. The People’s Bank of China released a statement on Sunday disclosing this information but did not provide further details regarding the initiatives being considered.
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