Lardy Interview About China Home Prices, Banks

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Aug. 4 (Bloomberg) -- Nicholas Lardy, a senior fellow at the Peterson Institute for International Economics, talks with Bloomberg's Scarlet Fu about China's housing and banking industries. China’s banking regulator told lenders last month to conduct a new round of stress tests to gauge the impact of residential property prices falling as much as 60 percent in the hardest-hit markets, a person with knowledge of the matter said. (Source: Bloomberg)

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