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Wednesday, October 16, 2013
Central Bank Identified Rapid Loan Growth in China
ANBOUND

Recently, China's central bank has released the financial statistics and social financing scale data for the first three quarters of year 2013. The central bank believes that some of the monetary policy measures have succeeded in adjusting the credit structure and aligned with the macroeconomic regulation and control. However, the recent loan growth is rather rapid especially due to the continuous trade surplus and substantial inflow of foreign currency. Therefore, the pressure on credit expansion remains high.

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