Sunday, January 27, 2008

Chinese Online Class - Lending rate hikes

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Lending rate hikes

www.chinanews.cn 2005-04-08 14:36:20

Potential house buyers in Beijing flocked to the 2005 Beijing Springtime
Real Estate Trade Fair on April 7th. Although the Bank of China raised
its house-lending rate again on March 17th, it failed to cool down
Beijing citizens' house-buying craze. According to a survey of former
real estate trade fair participants, 52% were unaffected by the lending
rate hike.

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