Banking regulator raises lending quota

Move is part of larger efforts to stabilise the economy

3 minute readMay 09, 2009 at 12:58 AM

clpstaff

& clp articles

After record-setting lending growth in Chinese banks in the first quarter of 2009, China's banking regulator has begun a closer watch over the flow of new loans, with tightened supervision on corporate governance and risk control.

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