Taipei, Sept. 3, 2010 (CENS)--In yet another step to curb realty speculation, the Central Bank of China (CBC) recently required domestic banks to reduce ceilings on realty loans, especially in greater Taipei and other major urban areas, to under 70% of market value for land loans and 60% for construction loans, according to the Chinese-language Economic Daily News (EDN), sister publication of Taiwan Economic News (TEN).

CBC officials in charge put forth the requirement in recent meetings wi ...(Full Story)