Bloomberg News

Chinese Banks Can Bear Up to 40% Decline in Property Prices

October 19, 2011

Oct. 19 (Bloomberg) -- China Banking Regulatory Commission Chairman Liu Mingkang said recent stress test shows that banks can take as much as 40 percent decline in property prices, according to a statement on the China Banking Regulatory Commission website today.

To contact the editor responsible for this story: Bloomberg News at swong139@bloomberg.net


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