Loans boost wanted for China GDP

first_img Loans boost wanted for China GDP Share Show Comments ▼ Monday 13 December 2010 9:01 pm More From Our Partners ‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comWhy people are finding dryer sheets in their mailboxesnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com whatsapp CHINA’S government wants at least seven trillion yuan (£662bn) of new bank loans made next year, in a bid to keep its economic boom on track, it was revealed yesterday.The surprising news came after a signal on the weekend towards more “prudent” monetary policy, to tackle the country’s price inflation.Consumer prices rose by 5.1 per cent in November compared to last year, the sharpest rise since July 2008.The government was expected to increase the cost of lending by increasing rates by the year end. And last week increased the reserve requirement ratio (RRR) for banks for the sixth time this year, and the third time in the last five weeks.Yet the central bank is content to raise the inflation target to four per cent, and wants loans to maintain economic growth of at least eight per cent, an insider told Bloomberg. whatsapp KCS-content Tags: NULLlast_img

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