A Chinese think tank under the control of the cabinet held a meeting with mainland property developers and financial institutions in Shenzhen amid fears of a deepening liquidity crunch in the nation’s real estate industry, media reports said.The meeting on Monday included representatives from China Vanke, Kaisa Group, Ping An Bank, China Citic Bank, China Construction Bank and CR Trust, Reuters reported citing an unnamed source.At the meeting with the Development Research Center of the State…
Source : South China Morning Post
Read more…Top Chinese think tank meets mainland developers, banks as property sector’s liquidity crisis deepens
