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PBOC official: Property market has become a major source of financial risk

Reuters quoting a PBOC official writing in a Chinese central bank piece, as saying:

 Will consider measures for home mortgage loan growth to reduce property market price volatility

Will maintain tight control over property markets in 1st-tier, 2nd-tier cities

Property market has become a major source of financial risk

Asian stocks begin September on a positive note

Most Asian stocks are trading higher today, tracking the positive action on the Wall Street triggered by the data showing an increase in personal spen
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Moody’s: China's tightened supervision will restrict credit for infrastructure projects

The US ratings agency, Moody’s Investors Service, is out with a latest report on the Chinese funding and infrastructure projects. Key Points: Chin
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