Thursday, December 16, 2010

Shanghai halts fixed asset lending


BEIJING - China took more targeted steps to curb credit during official media caution about raising interest rates or enables faster appreciation of the Yuan, highlighting Beijing expressed delicate task in tempering rapid economic growth.

Two people familiar with the situation said the country's Bank Regulator banks in Shanghai, which give financial capital, fixed asset investment for the rest of the month, not ordered on Thursday.

At the same time, added comments in State newspapers recent statements indicating caution about using the most powerful economic lever policy to strengthen - including the lending quota for banks, interest rates and the...


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