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

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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.


Written by peterlake351

December 2, 2009 at 1:58 pm

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