Senior official: China mulls introduction of real estate investment trusts (People's Daily)

6 January 2009, 6:38 am

China is considering introducing real estate investment trusts (REITs) to help increase financing channels for real estate developers, Qi Ji, vice minister of the Ministry of Housing and Urban-Rural Development told a press conference Tuesday. The move would help the country's real estate developers raise money by means other than commercial bank loans, which are now the primary source of funds, ...... Read More »

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