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Banks vary on second-loan rules

Story date: 2007-10-10 06:35:00
Added on: 2007-10-11 05:00:58


China Economic Net - New rules designed to curb people taking out mortgages on a second home have left it up to banks to use their individual discretion on granting loans. On September 27, the People's Bank of China and the China Banking Regulatory Commission said ...


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