BEIJING - China's banking regulator has told trust companies to assess the risks posed by their property-related loans, in a fresh move to rein in the real estate market, two sources told Reuters on Thursday.
Earlier this year, the China Banking Regulatory Commission (CBRC) ran stress tests in the country's trust firms to see if they could withstand a downturn in the property sector.
Trust investment programs have been an important channel for Chinese banks to pump credit into property projects as Beijing tightens controls on bank lending.
The sources, who have direct knowledge of the matter, said the CBRC had issued a notice to all trust firms warning them of the risks posed by possible "property market adjustments".
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