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District watch in pictures: GAZIPUR: The biennial Conference of Kaliganj Upazila Awami League was held at Shaheed Moez Uddin Ferry Ghat on Tuesday.

28 Nov 2019, 12:00 am0

GAZIPUR: The biennial Conference of Kaliganj Upazila Awami League was held at Shaheed Moez Uddin Ferry Ghat on Tuesday.

Surging homeowner loans in China raise alarms over debt

AFP, Beijing :Chinese household debt has risen at an “alarming” pace as property values have soared, analysts say, raising the risk that a real estate downturn could send shockwaves through the world’s second largest economy.Loose credit and changing habits have rapidly transformed the country’s famously loan-averse consumers into enthusiastic borrowers.Skyrocketing real estate prices in major Chinese cities in recent years have seen families’ wealth surge.But at the same time they have fuelled a historic boom in mortgage lending, as buyers...

28 Nov 2016, 12:00 am