Another red line for property developers
Subscribe to keep reading.
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Already a subscriber? Log in.
There are more than just three red lines now.
On Monday, domestic financial media reported that regulators are now capping the land acquisition of developers in the pilot implementation of the “three red lines” policy to 40% of annual revenues.
Details remain scarce, but we’re keeping an eye out.
...