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China News Economy, Politics, Society, Regulation and Reform -- News by FT.com

China's banks told to tighten mortgages

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Old Jul 23rd, 2008, 03:20 PM     #1
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Default China's banks told to tighten mortgages

Chinese officials have warned domestic banks to tighten their mortgage lending after the US government's action to prop up Fannie Mae and Freddie Mac, the giant mortgage agencies

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