China Property Loans Fall 5.2% Year on Year in September
Outstanding property loans stood at 50.08 trillion yuan at September-end. Individual mortgage loans totaled 35.91 trillion yuan, down 4.1% year on year.
China's outstanding property loans stood at 50.08 trillion yuan ($7.51 trillion) at the end of September, down 5.2% from a year earlier, the central bank said on Wednesday.Outstanding individual mortgage loans came in at 35.91 trillion yuan, down 4.1% year-on-year, the bank said.Outstanding propert…