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China May Raise Rates to Stem Property Price Gains: Video

2010-02-08T01:52:20Z
China May Raise Rates to Stem Property Price Gains
 
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Feb. 8 (Bloomberg) -- Bloomberg's Zeb Eckert reports on China's efforts to slow bank lending to help stem rising property prices. China’s $1.4 trillion of new lending last year ignited a real-estate boom, with prices in 70 cities rising at the fastest pace in 18 months in December. (Source: Bloomberg)

Bloomberg's Zeb Eckert reports on China's efforts to slow bank lending to help stem rising property prices.

China’s $1.4 trillion of new lending last year ignited a real-estate boom, with prices in 70 cities rising at the fastest pace in 18 months in December. (Source: Bloomberg)

Running time 01:32

-0- Feb/08/2010 01:52 GMT

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