Yes … there is news outside of the CHF … hard to believe I know
This via MNI … from China Central Television:
- Sheng Songcheng, a senior official with the People’s Bank of China:
- Says new mortgage loans accounted for 30% of total new loans in 2014 and the outstanding mortgages accounted for 20% of the total, indicating that supply and demand is balanced
- Says the property market won’t see a “big collapse” and the market slowdown won’t drag on the economy too much
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Hang on, let me double check. Nope, the official definitely wasn’t Thomas Jordan. So it may not be b/s
