New Loans to be Scaled Back to 7.5 Trillion Yuan in 2010

By International Finance News
Published: 2010-01-21

Liu Mingkang, chairman of the China Banking Regulatory Commission, revealed that "China's new lending scale in 2010 is expecting to decrease to 7.5 trillion yuan from last year's 9.5 trillion yuan," at the Asian Financial Forum in Hong Kong yesterday.


Source
International Finance News

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