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China prevent illegal credit capital from flowing into the real estate market

Posted on Jun-25-2009· by

China national newly loans reach as high as 5840 billion in former 5 months, creating a historical record.China’s financial regulatory authorities recently issued an urgent notice, to prevent the inflow of credit funds from flowing in real estate market. even though the global economy still in recession, but China’s housing prices has been rapidly rising for several months.

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