Hangzhou, Xiamen, Changsha and Suzhou have redefined "first-time homebuyers", allowing people who own a property in a different city, or who do not currently own a property but have taken out a home loan before, to be classified as first-time buyers. In China, first-...
China's overall property loans totalled 53.1 trillion yuan at end-June, down 1% from the previous year, the central bank said. Such loans fell 1.1% year-on-year at end-March. To bolster economic growth, the government has in recent months unveiled a raft of steps to support ...
Hangzhou, Xiamen, Changsha and Suzhou have redefined "first-time homebuyers", allowing people who own a property in a different city, or who do not currently own a property but have taken out a home loan before, to be classified as first-time buyers. In China, first-...
In contrast we show that a properly designed income-contingent loan scheme has the potential to significantly mitigate, even eliminate, these concerns without attendant high budgetary costs. Our findings have important policy implications for Chinese higher education financing....
In Beijing, mortgagors can now hope to save an additional 2,000 yuan per month or thereabouts on repayment of a loan of 2 million yuan taken in January 2019 from Industrial and Commercial Bank of China, according to PBOC estimates.
while the net interest spread was 1.49 percent. Both decreased by 36 and 37 basis points respectively year-on-year. The bank's total non-performing loans as of June 30 stood at 294.4 billion yuan, up 23.3 billion yuan from the end of last year. But its non-performing loan ratio decrease...
Changsha and Suzhou have redefined "first-time homebuyers", allowing people who own a property in a different city, or who do not currently own a property but have taken out a home loan before, to be classified as first-time buyers. In China, first-time buyers enjoy lower interest rates ...
The People's Bank of China(PBOC) and the China Banking and Insurance Regulatory Commission (CBIRC) in November outlined 16 steps to support the real estate industry, including loan repayment extensions. The central bank also issued a notice in April, urging financial institutions to make flexible...
Changsha and Suzhou have redefined "first-time homebuyers", allowing people who own a property in a different city, or who do not currently own a property but have taken out a home loan before, to be classified as first-time buyers. In China, first-time buyers enjoy lower interest rates ...
The People's Bank of China(PBOC) and the China Banking and Insurance Regulatory Commission (CBIRC) in November outlined 16 steps to support the real estate industry, including loan repayment extensions. The central bank also issued a notice in April, urging financial institutions to make flexible...