The story appears on

Page A3

June 26, 2013

GET this page in PDF

Free for subscribers

View shopping cart

Related News

Home » Metro

A 'temporary' situation

THE liquidity crunch is controlled and only temporary, a central bank official said in Shanghai yesterday.

"Conditions will return to normal as seasonal factors, including the rapid increase of loans, more reserve requirements and the rise in cash demand before the Dragon Boat Festival, have passed," Ling Tao, deputy director of the bank's Shanghai headquarters, said at a news conference ahead of the Lujiazui Forum which begins tomorrow.


Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend