China's top 4 banks deny reports of loan moratorium for developers

11/16/2010 | Xinhuanet.com (China)

Bank of China, China Construction Bank, Agricultural Bank of China and Industrial and Commercial Bank of China denied reports that they have suspended lending to property developers. China's statistics bureau released data showing that investment in real estate development surged 36.5% in the first 10 months of the year compared with the same period last year.

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Xinhuanet.com (China)

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