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China pushes banks to speed approvals of new loans to private…

HONG KONG/BEIJING, March 25 (Reuters) – Chinese regulators are pushing banks to speed up approvals of new loans to cash-starved private property developers, people with knowledge of the matter said, a bid to revive homebuyer sentiment that risks denting lenders’ asset quality. The effort uses the “whitelist” mechanism, Beijing’s latest support measure aimed at easing …

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