USEUROPEAFRICAASIA 中文双语Français
Business
Home / Business / Industries

Debt risk in China's real estate industry within control: Analysts

Xinhua | Updated: 2017-02-21 08:57

Debt risk in China's real estate industry within control: Analysts

A potential buyer seeks information about property projects at a real estate expo in Shanghai. Yang Yi / For China Daily

BEIJING - The looming debt risks in China's real estate industry are generally within control, analysts said Monday, calling for more attention on businesses' increasingly diversified financing channels.

At a seminar hosted by the Xinhua-owned China Economic Information Service (CEIS), Feng Jun, deputy head of China Real Estate Association, urged more focus on businesses using insurance and credit for leverage.

While debt risks in the industry remain under control, the sector's debt levels have been on the up as funds from multiple channels, such as securities, trust and insurance, are flowing to the real estate industry, which made it hard to detect potential dangers.

To better monitor risks associated with the increasing financing channels, Xiang Songzuo, deputy director of the International Monetary Institute at Renmin University, suggested that the government should offer basic data such as market inventory and real demand to facilitate market entities to make "rational" investment decisions.

Liu Lin, a real estate researcher with the National Development and Reform Commission, said regulators should work together to figure out the scale of funds flowing to the property market to better assess risks.

Most Viewed in 24 Hours
BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US