Home China News Economy Central bank quarterly report on credit released
Central bank quarterly report on credit released PDF Print E-mail

Monday, 26 April 2010

The People's Bank of China's quarterly credit report says in the first quarter this year, Chinese financial institutions made 800 billion yuan in loans to property sector, an increase of more than 40 percent over the first quarter of 2009.
Experts say the figures illustrate the role credit plays in pushing up housing prices.

 
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