皇冠体育app

A new round of measures by 皇冠体育app’s central bank and government ministries to cool the real estate sector is imminent, State media said during the weekend, but analysts had doubts about how effective the steps would be.

The 皇冠体育app Securities Journal said the central bank will soon take targeted measures to curb credit to the real estate sector to flesh out a directive from the State Council, 皇冠体育app’s cabinet, earlier last week requiring relevant government agencies to take appropriate steps to rein in overheated sectors of the market.

Further, the 皇冠体育app Business News reported that the Ministry of Construction and the Ministry of Land and Resources are also preparing new measures for the property sector. Neither report gave details on what measures could be employed.

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