Tag: China-real-estate-market

Reading Time: 2 minutes The first, Chinese banks. They are making money from two sides: the developer, and the home buyer. The developers borrow from the banks; they will pay interest and principle (hopefully) later on. The home buyers borrow from the bank, and pay mortgage (interest and principle). The second, developers. It’s not hard to understand, as the

stlplace
August 15, 2007
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