China seeks economic, political stability with the ‘vigour of an uncaged tiger’ as loans soar

Source: China – South China Morning PostChina is making efforts to stabilise the economy and ensure political stability ahead of a key high-level leadership meeting with the “vigour of an uncaged tiger” by allowing bank lending to hit a record high last month.January bank lending in China is often high as lenders tend to front-load loans at the beginning of the year, while it is also an indication of the government’s stance for the whole year.Last month, banks in China extended a record monthly high of 3.98 trillion yuan (US$626…Read More

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

Generated by Feedzy