Tougher Regs Hurt China’s Bank Lending

The Chinese government’s efforts to rein in rising property prices and inflations with tougher regulations have resulted in a 12% decline in lending by banks in May compared with the preceding month, according to People’s Bank of China.

  • 13 Jun 2011
The Chinese government’s efforts to rein in rising property prices and inflationswith tougher regulations have resulted in a 12% decline in lending by banks in May compared with the preceding month, according to People’s Bank of China. The tougher measures have slowed lending more than projected, said ...

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