China Carries Out Stress Tests on Property Trusts

China’s banking regulator has run stress tests in the country’s trust firms to see if they can withstand a downturn in the property sector, the Economic Observer reported on Saturday, citing unidentified industry sources. Trust firms are required to submit information about their exposure to the real estate sector, including investment sizes, collaterals and risk control measures, to the China Banking Regulatory Commission (CBRC), the newspaper reported – Reuters

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