Peter Lake in Emerging Markets

JAFB about watching emerging markets. Hoping to keep my skills sharp.

China to Pull Back Reins on Lending in 2010

leave a comment »

China is signaling that bank credit will constrict in 2010. Chinese banks did 9.7 trillion yuan in 2009, and the government target is 6 to 7 trillion in 2010, according to China Daily. Tim Iacono at The Big Picture is skeptical the government won’t completely blow past the targets anyway, since the target for 2009 was 5 trillion.

About these ads

Written by peterlake351

December 2, 2009 at 1:58 pm

Posted in Uncategorized

Tagged with

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

%d bloggers like this: