What Goldman Learned from a Trip to China [View article]
well over a trillion in loans so far this year. there seems to be a question of risk in many banks' loans. if the gov't tightens policy on easy loans the markeets will react badly. however if this is a major problem, easy loans with lack of due dilligence and lack of banks' capital reserves to back them up, there may be a toxic loan situation as we had. this looks like a rock and hard place situation if correct.
the government seems to be cognizant of these shortcomings and more including more loans for 'small businersses' rural population, closing inefficient unsafe and polluting mines, more.
i don't have a problem with the prc gov't. but frankly i can't find information as to where they are heading with loans stimulus programs other than 3rd parties - news - and policy staements, results unknown. anybody know where more info is?
What Goldman Learned from a Trip to China [View article]
the government seems to be cognizant of these shortcomings and more including more loans for 'small businersses' rural population, closing inefficient unsafe and polluting mines, more.
i don't have a problem with the prc gov't. but frankly i can't find information as to where they are heading with loans stimulus programs other than 3rd parties - news - and policy staements, results unknown. anybody know where more info is?