More tightening in China’s eastern bubble cities

Tuesday 29 November 2016

Reuters: China’s Tianjin city steps up curbs to tighten mortgage lending

China’s major port city of Tianjin on Monday announced stricter tightening measures to rein in a red-hot property market, by hiking the downpayment ratio for buyers of first and second homes.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.