News Snapshot:
The latest data from the Chinese central bank points to an uptick in lending to the real estate sector in the final quarter of 2021, amidst efforts by regulators to contain the fall out from Evergrande Group’s debt debacle. As of the end of 2021 China’s nationwide real estate loan balance stood at 52.2 trillion yuan, for a year-on-year (YoY) increase of 7.9%, according to data released by the People’s Bank of China (PBOC) on 18 January. The YoY growth rate at the end of 2021 marked an increase of 0.3 percentage points compared to the end of September, while...
