home » China Finance » China’s rapid expansion of credit
China’s rapid expansion of credit
Posted on Apr-30-2009· by china investor
China’s banking sector financial institutions have 4.52 trillion yuan of new loans in the first quarter of this year, It is reported that authority vice chairman of China Banking Regulatory Commission had said that “this new credit is expected to be more than 8000 billion”, many people worried about the rapid expansion of credit, today the official refute the report , but it seems the direction of credit expansion haven a firm support.
Tags:
Leave Your Comments