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Chinese banking regulator Liu Mingkang tells certain banks to limit lending and plans to...

Chinese banking regulator Liu Mingkang tells certain banks to limit lending and plans to restrict overall credit growth to 7.5T yuan ($1.1T). Liu declined to specify which banks, but said the lenders had insufficient capital among other regulatory shortfalls. (ETFs: PGJ, FXI)
Comments (1)
  • Jason Tillberg
    , contributor
    Comments (1236) | Send Message
     
    Isn't having a fiat debt based money system fun?
    20 Jan 2010, 08:33 AM Reply Like
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