Tuesday, April 13, 2004
Yahoo! News - China Pledges More Efforts to Ward Off Inflation: "Regulators fear that excessive lending by commercial banks is supporting booms in real estate development and in certain industries - such as auto manufacturing, steel and aluminum - that could lead to supply gluts and trigger a financial crisis.
Outstanding bank loans have already grown by more than 20 percent so far this year from last year. "
Outstanding bank loans have already grown by more than 20 percent so far this year from last year. "
