Apartment buildings at a residential project in Shanghai, China. Bloomberg News China eased a year-long cap on loans for the real estate sector to fund public rental housing, the latest bid by authorities to tackle a slumping property market. Bank loans to fund low-cost rental projects will no longer be subject to regulatory curbs, the People’s Bank of China said in a statement on Tuesday. The rules required banks to trim their loan exposure to the property sector to a certain level. The move is one of the clearest signs yet that Chinese policy makers are easing up on a clampdown on leverage in the property sector that’s slowing growth in the world’s second-largest economy. Starting more public real estate projects may help counter the slowdown in development as debt-laden builders preserve cash. The latest easing comes after banks were recently urged to lend more to developers and speed […]