China bank lending still on rise

[FT_news]

Surge in new bank loans has prompted concerns that some of the money is leaking into property and equity markets, fuelling future bubbles, and that it will result in a new round of bad loans.

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China bank lending still on rise

[forum_admin]

China’s new bank loans increased again last month, in a sign that the government is not easing off on the substantial stimulus it has injected into the economy to revive growth.

Although the pace of new loans has declined from the hectic activity of the first few months of the year, when banks in China typically concentrate much of their lending, it is still well ahead of the same time in previous years.



A Chinese worker prepares to pack a shipment of Chinese made goods set for export in Beijing, China, Wednesday, Oct. 14, 2009. The slump in China's exports eased in September in a sign global trade is improving and bolstering the government's efforts to sustain an economic recovery. (AP Photo/Elizabeth Dalziel)