Here is a list of the day’s latest China real estate news collected from around the web:
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China to push fixing local government debt, housing loans
Defusing questionable local government debt and containing risky real estate loans are priorities at a time when the global financial crisis is deepening, China’s banking regulator said on Monday.
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Vanke Investigates Poisonous Floor Boards
Vanke, a Shenzhen-based leading Chinese real estate developer has started its ’emergency process’ to investigate and reexamine the quality of the floor boards in its houses, due to an online claim that the floor boards provided by A&W, a Shanghai-based and American-financed company and Vanke’s building material provider, are poisonous, Beijing News reports.
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