China's Central Bank Tightens Real Estate Lending

The 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.

6 minute readSeptember 01, 2003 at 12:58 AM

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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 Beijing. Even as prices have begun to decrease in many sectors of the luxury housing and commercial real estate markets, new construction projects continue to appear on the skyline.

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