China State Media Stoke Speculation Property Crackdown May Ease
- Newspapers say loans to developers rose sharply since October
- Central bank also issued rare report on pickup in mortgages
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China’s efforts to limit fallout from China Evergrande Group’s crisis are gathering steam.
A series of articles published in state media in the past few days signal support measures are on the way to help developers tap debt markets, potentially easing a liquidity crunch that began with Evergrande’s meltdown five months ago.