Chinese authorities investigate loans for the real estate industry by some banks = related sources

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Chinese authorities investigate loans for the real estate industry by some banks = related sources

[Shanghai/Beijing 18th Reuters] - China's banking supervisory authority, the China Banking and Insurance Regulatory Commission (CIRC), is investigating the details of loans for the real estate industry of some domestic and foreign financial institutions. As the debt crisis in the real estate industry becomes serious, the purpose is to evaluate the systemic risk of loans for the same industry. Several stakeholders made it clear. The Bank Insuranc…