ITPV » Banks are running safely

BEIJING http://www.saleairmax90outlet.com/ , Sept. 19 (Xinhua) -- China's real estate bubble is deflating as home prices in top tier cities are cooling, according to analysts.


"The turning point for first-tier and major second-tier cities has emerged, given the pace of new home price growth slowed in 15 major cities compared with the same month last year," said Zhang Dawei, an analyst with Centaline Property.


It is an overall decline for the first time in three years, Zhang added.


Home prices in 15 major cities declined by 1.3 percent to 6.6 percent year on year in August air max 90 sale outlet , data from the National Bureau of Statistics (NBS) showed Monday.


The data provided fresh evidence that China's property market boom is running out of steam as the government continues cooling measures to squeeze asset bubbles.


"In first-tier and major second-tier cities the real estate market continued to stabilize in August, driven by targeted regulation policies," said NBS statistician Liu Jianwei.


Since the end of 2016, dozens of local governments have passed or expanded their restrictions on house purchases and increased the minimum down payment required for a mortgage as rocketing housing prices, especially in major cities, had fueled concerns about asset bubbles.


The market was also cooled by relatively tightened liquidity conditions as the government moved to contain leverage and risk in the financial system.


"The year-on-year price data remained within expectations kids air max 90 outlet , showing government cooling measures have gradually taken effect," said Yan Yuejin, senior researcher with E-house China R&D Institute.


Fewer cities, only 46 out of 70, saw home price rises in August.


The asset bubbles were squeezed further in the first-tier cities, according to Yan mens air max 90 outlet , citing month-on-month price drops in these cities.


On a month-on-month basis, new home prices fell or remained flat in 13 cities in August, down from 14 in July, but up from 10 in June, according to the NBS.


In Tianjin, Nanjing womens air max 90 outlet , Wuxi, Hangzhou, Hefei, Fuzhou, Jinan, Zhengzhou nike air max 90 outlet , Wuhan, Guangzhou, Shenzhen and Chengdu, new residential home prices fell in August from a month earlier.


This came after NBS data showed Thursday that growth pace in property sales slightly dropped in the first eight months of the year.


Commercial housing sales measured by floor area gained 12.7 percent in the January-August period, retreating 1.3 percentage points from January-July.


By the end of August, 623.5 million square meters of property remained unsold air max 90 shoes outlet , down by 11.4 million square meters from a month earlier, official data showed.


China should accelerate the establishment of a long-term mechanism to stabilize the property market, featuring increased land supply and a sound housing finance system, real estate tax system and urbanization infrastructure construction, said Liu Hongyu, head of the real estate research institute at Tsinghua University.


Shares of China's real estate developers closed 1.44 percent higher on average Tuesday.


China to build cross-provincial national park for giant panda


Contest for China Acrobatics Golden Chrysanthemum Awards held in Shandong


Scenery of Xianghongdian reservoir in east China's Anhui


Rally held in Greece to commemorate murdered anti-fascist activist


China to build cross-provincial national park for giant panda


Aerial view of paddy fields in SW China's Guizhou


Special snacks displayed during 14th China-ASEAN Expo


Scenery of paddy fields in Baicheng air max 90 outlet sale , NE China's Jilin


BEIJING, Sept. 15 (Xinhua) -- The bad loan ratio of Chinese commercial banks remained at a healthy level in August due to strengthened efforts from financial regulators to rein in risks, data from the banking regulator showed.


The non-performing loan (NPL) ratio stood at 1.86 percent at the end of August, China Banking Regulatory Commission (CBRC) said in a statement Friday.


The NPL ratio of Chinese lenders declined for the first time since 2012 to the current level in the last quarter of 2016, an encouraging sign for the economy plagued by piling debt.


Banks are running safely and soundly with risk resistance improved and their capacity to serve the real economy strengthened, the CBRC said.


Banks' total assets reached 239 trillion yuan (about 37 trillion U.S. dollars) at the end of August air max 90 outlet , and the provision coverage was at 175.1 percent, the data showed.


Their capital adequacy ratio stood at 13.2 percent at the end of August, according to the statement.


1st direct freight train service linking E China, Duisburg launched


London subway station blast being treated as terrorist incident


Super typhoon Talim brings gale and heavy rainfall, causing billows in E China


Exhibition held during National Mass Innovation Entrepreneurship Week


Special snacks displayed during 14th China-ASEAN Expo


Scenery of paddy fields in Baicheng, NE China's Jilin


China Focus: World's oldest panda dies aged 37


Scenery of terraced fields at Wuyishan in SE China's Fujian


The carpet may become fairly dirty because it slander below your foot and it is the single object that is covering the base. The carpet attracts a lot of dirt and spillage and it is very important for your health and for cleanliness. Upholstery cleaning NJ is stated as deletion of grits and may be completed by many processes, may be together traditional and modern. The professional New Jersey carpet cleaners and New Jersey carpet cleaning organization is largely learned and unofficially ruled by the Institute of Inspection.
There are a number of ways of Upholstery cleaning NJ. The warm water extraction ways is largely usual way of carpet cleaning. There are a number of home hold ways by which we may preserve your carpets relatively dirt free for a more period. But these methods are ineffective in the extended . Cheap Hoodies Cheap Hats Cheap Nike NFL Shirts Cheap Nike NBA Hoodies Cheap NCAA Jerseys China Wholesale MLB Shirts Wholesale College Hoodies Cheap Adidas Superstar Womens cheap adidas superstar blue cheap adidas superstar sale