Tighter car loans in Beijing, but cash still king for buyers
By Xu Xiao | China Daily | Updated: 2013-07-15 07:26
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Applying a loan for a car is not as easy as before in China. Provided to China Daily |
The lack of liquidity at domestic banks is making it harder to get a car loan in Beijing, but that is likely to have minimal impact on the mostly cash market.
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