Related News
High bank loans may mar industry
CHINA'S record surge in bank lending, driven by government stimulus programs and lenders' profit targets, may be undermining the future health of the industry, Fitch Ratings said in a report yesterday.
China's banks issued a staggering 5.2 trillion yuan (US$761 billion) in new loans in the first four months this year. Much of the financing is thought to be related to the government's 4-trillion-yuan economic stimulus program, which is largely focused on construction projects and other public works. But the pace of lending is faster than infrastructure projects could possibly be started up, Fitch Ratings banking analyst Charlene Chu said. One warning sign, she said, was an admission in the central bank's quarterly report that regulators were looking into where all the bank loans are going.
China's banks issued a staggering 5.2 trillion yuan (US$761 billion) in new loans in the first four months this year. Much of the financing is thought to be related to the government's 4-trillion-yuan economic stimulus program, which is largely focused on construction projects and other public works. But the pace of lending is faster than infrastructure projects could possibly be started up, Fitch Ratings banking analyst Charlene Chu said. One warning sign, she said, was an admission in the central bank's quarterly report that regulators were looking into where all the bank loans are going.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔$粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.