Outstanding individual mortgages were 12.69 trillion yuan at the end of last year, up 1.2% from a year earlier, 10 percentage points lower than that at the end of 2021, data showed. ($1 = 6.7444 Chinese yuan renminbi) (Reporting by Liangping Gao and Ryan Woo; Editing by Raissa Kasolowsky)
BEIJING, Feb 3 (Reuters) - China's outstanding property
loans stood at 53.16 trillion yuan ($7.88 trillion) at the end
of 2022, rising 1.5% year-on-year, 6.5 percentage points lower
than the growth rate at the end of the previous year, said the
country's central bank on Friday.
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