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Beijing bank regulator orders crackdown on illegal property l…

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National News Bureau Of Thailand

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The Chinese capital’s bank regulator has ordered an investigation into the illegal use of personal loans to invest in real estate amid growing fears of a property bubble.The Beijing branch of the China Banking and Insurance Regulatory Commission told banks in the city to conduct a comprehensive examination into personal and business loans issued since the second half of last year.They must “immediately rectify problems found and strengthen internal accountability”, according to a report by…

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How Laos is overcoming landlockedness and bolstering growth

Author: Sandra Seno-Alday, University of Sydney Laos is one of the fastest growing economies in Southeast Asia. From 2010 to...

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