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Special Report: Hidden peril awaits China’s banks as property binge fuels mortgage fraud frenzy

SHANGHAI/HONG KONG/BEIJING (Reuters) - When Zhu Chenxia bought a flat early last year from Lei Yarong in the up-market Nanshan district of China's southern metropolis of Shenzhen, the two women drew up three purchase agreements to cover the deal.

The post Special Report: Hidden peril awaits China’s banks as property binge fuels Mortgage Fraud Frenzy appeared first on RightForAmerica.



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Special Report: Hidden peril awaits China’s banks as property binge fuels mortgage fraud frenzy

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