Reported about 1 year ago
The 'New Qing'an Storm' on social media platforms, such as 'Thread,' is being seen as a key factor contributing to the rise in housing prices. There are concerns about a potential 'Taiwanese shadow banking crisis' due to discussions on how to profit from the advantages of new Qing'an housing loans. State-owned banks are taking precautions in reviewing loan cases carefully, emphasizing risk management by evaluating borrowers' debt ratios. Despite the concerns, the probability of a shadow banking crisis emerging from New Qing'an is considered low, as Taiwan's public retains a strong emphasis on credit and financial responsibility.
Source: YAHOO