Legislation roundup: Residential loans, Shanghai FTZ and customs

The down payment for first-time housing loans has been lowered, the Shanghai FTZ has allowed interbank deposit certificates in foreign currency and the State Council have put bonded zones under customs watch

2 minute readOctober 09, 2015 at 02:32 AM

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Real Property

People's Bank of China and China Banking Regulatory Commission, Circular on Issues Relevant to Further Improving the Differential Loan Policies on Residential Premises
中国人民银行、中国银行业监督管理委员会关于进一步完善差别化住房信贷政策有关问题的通知

The Circular lowers the minimum

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