Econ and Finance - 28 Sep 2020

Vanke Chairman discusses impact of the “three red lines”

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On Friday, Vanke Chairman Yu Liang commented on the implications of regulators’ “three red lines” policy for the real estate industry.

Some context: The three red lines refer to new restrictions on the amount of debt that developers can hold, which were introduced on a pilot basis for 12 develop...

Snuh-ohez.

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