Mon 02/28/2022 02:59 AM
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China Escrow Policy:

Earlier this month, China rolled out a nationwide policy for escrow pre-sales accounts as reported -- while details are lacking, some of the mooted new measures are expected to ease the short-term liquidity pressure for Chinese real estate developers by standardising pre-sales escrow account supervisory practices and improving the flexibility of the use of pre-sales funds. In this update, Reorg highlights and...
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