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International Law

: China Briefing Blog

CBRC Tightens Lending Policy

By China Briefing

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Aug. 24 - The China Banking Regulatory Commission is issuing guidelines effective from next month that slow down or even prevent banks from making new loans, in efforts to curb the excessive growth in consumer credit. The move comes against fears of creating a platform of bad debt. The new guidelines being drafted tighten capital requirements [...]

Full post as published by China Briefing Blog on August 24, 2009 (boomark / email).

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