Mr Liu: the CBRC closely monitors the property bubble

March 26 Morning News, the London School of Economics and Political Science Forum was held in Beijing on March 26, China Banking Regulatory Commission chairman Liu said in a speech, the Chinese banking industry has the world's most stringent exposure requirements.　　He also said the CBRC closely monitored assets such as the real estate bubble. Mr Liu said it had noted the challenges posed by the risk of a domestic asset bubble, and the CBRC was currently closely testing the asset bubble. "If you look at the price of real estate, there has been a lot of change over the last 5-10 years," he pointed out that the CBRC would take three steps to guard against mortgage risk: first, the proportion of banks ' mortgage loans, followed by the establishment of a loan tracking system; Again, the financing of the developers, requiring all banks to have the first collateral to be buildings,　　A commercial building or a dwelling, not just a piece of land, must be under construction. In addition, he said, as of the end of February this year, the main commercial banks reserve coverage of 165.1%, the current focus will be placed on the most important and more risky banks, and domestic banks need to reduce the balance sheet and external assets.