Powerful data

Shanghai banks are first to get access to a nationwide property registry. It is not a coincidence that the widespread closures of peer-to-peer lending platforms in China, totalling 721 in the first half, were concentrated in cities that are also plagued by bubbly house prices. In Hangzhou, for instance, two sports stadiums were converted into petition centres for investors … http://bit.ly/2v8mBQE

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