China's Central Bank Tightens Real Estate Lending
September 01, 2003 | BY
clpstaffThe authorities are playing a game of catch-up with China's booming real estate sector, and have issued regulations recently that attempt to rein in speculative lending for real estate projects.
By Matt Adler and Chen Dafei, Clifford Chance, Beijing
For months, market observers have expressed concern over a real estate “bubble” developing in China's major cities, particularly in Shanghai and