THE AMERICAN JOURNAL

China to Slow Lending Amid Bubble Worries

By BETTINA WASSENER
Published: January 20, 2010

HONG KONG — The Chinese authorities signaled Wednesday that bank lending would slow significantly this year and reportedly instructed some banks to curb loans — the latest in a series of moves designed to forestall inflation and stave off bubbles in the stock and property markets

Read more: NY Times

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January 20, 2010 - Posted by | Uncategorized | , ,

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