China's local governments declared new methods to control home loans.

By bne IntelliNews February 20, 2013
China's local governments announced latest instruments to confine financing to probable homebuyers, indicating worries about tightening of the property sector. As reported by Dow Jones Global Equities News, Dongguan in Guangzhou province, Jinhua in Zhejiang province and Kunshan in Jiangsu province have made it difficult to utilize finances from the housing provident funds. The restrictions implemented this year are only a partial reversal from last year, since there were a few cities that made higher finances accessible from provident funds to assist new home owners.

Related Articles

Hong Kong's composite interest rate registered 0.25% in February

Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by, the decrease in the composite rates was due to the decline ... more

Thailand's government expected to promote export-oriented SMEs.

Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more

Small companies concerned about various government incentive schemes.

Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335