PBOC reports drop in Lending by Chinese Banks, Money Growth Slowdown

PBOC reports drop in Lending by Chinese Banks, Money Growth Slowdown

By Jay Raol - Jun 13, 2011

Lending by banks in China has dropped to 551.6bn Yuan ($85bn; £52bn) in new loans, as compared to April lending which amounted to 739.6bn Yuan, according to data released by the P

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Why China is trying to slow down its off-the-charts economy…

Why China is trying to slow down its off-the-charts economy…

By Jay Raol - Apr 18, 2011

While developed economies like USA, Europe and Australia with current GDPs of 3.1%, 0.3% and 0.7% respectively (according to tradingeconomics.com), are desperately trying to figure

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