Asia Pacific real estate investment news and information
Once a major source of credit for China’s small and medium-sized developers, financing from trusts dropped off precipitously in June as the country’s wealthy individuals seem to have lost their taste for the loosely regulated shadow banking products.
According to… Read More>>
China’s real estate developers borrowed 49 percent less cash from the nation’s trusts during the first quarter of 2014, reversing a surge of informal credit to the industry as default concerns rise.
According to data from consulting firm Use Trust… Read More>>
