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New bank lending in China may fall to around 6 trillion yuan to 7 trillion yuan ($880 billion to $1 trillion) in 2010 from roughly 10 trillion yuan this year as the economic recovery takes firmer hold, the China Securities Journal said on Wednesday. The...
Tags: China Securities Journal, trillion yuan, China, Shanghai, Financial crisis of 2007¬タモ2009, Business Finance, Bank, Money supply, Inflation, Causes of the financial crisis of 2007¬タモ2009, Subprime mortgage crisis, Monetary policy
China has channeled 497.9 billion yuan (72.9 billion U.S. dollars) of central investment by September for the stimulus package to shore up the economy, a senior official has said. The figure accounted for 42.2 percent of the total amount of 1.18 trillion...
Tags: China, trillion yuan, central investment, Beijing, Financial crisis of 2007¬タモ2009, economics, Republic of China, Business Finance
But the statement underlined the necessity of enhancing liquidity risk management against the backdrop of the global financial crisis. In response to the nation's call to prop up the slowing economy amid the global financial crisis, Chinese banks...
Tags: Commercial Bank of China, China Banking Regulatory Commission, billion yuan, commercial banks, trillion yuan, china banks, net profits, U.S, Chinese, banks regulator
Chinese shares continued its last week's downward trend on Monday amid investors' caution over possible changes on the country's easy monetary policy, but at a slower pace. The benchmark Shanghai Composite Index dropped 0.34 percent, or 10.93 points,...
Tags: China Banks, Wen Jiabao, monetary policy, trillion yuan, Jiangsu Province, wen says, eastern jiangsu, Bloomberg
China's gross ocean product (GOP) topped 1.386 trillion yuan ($202.96 billion) in the first half, according to an initial assessment by the State Oceanic Administration (SOA). The figure represented an increase of 6.9 percent over the same period last...
Tags: China Ocean, gross ocean, ocean product, trillion yuan
Asian shares erased early gains and finished Friday's session mostly in the red, with Japanese shipping stocks foundering on concerns about lower freight rates, but several companies made strong trading debuts in China. Japan's Nikkei 225 ended nearly...
Tags: Guilin Sanjin Pharmaceutical Co., China Merchants Bank Co., Zhejiang Wanma Cable Co., Hong Kong, trillion yuan, public offer, initial public, Bloomberg, Shanghai Securities News, Japan
Chinese banks extended a total of 1.53 trillion yuan (224 billion dollars) in new lending in June despite regulators' concerns over the risk of bad loans rising, state media has reported. The figure more than doubled from 664.5 billion yuan in May and...
Tags: People's Bank of China, trillion yuan, billion yuan, central banks, banks lending, banks extended, Beijing, Shanghai Securities News
The May figure brought new yuan-denominated loans in the first five months to 5.84 trillion yuan, far exceeding the full-year target of 5 trillion yuan...In the first quarter, China pumped 4.58 trillion yuan worth of new loans into the economy to stimulate...
Tags: trillion yuan, China
Chinese investment surged in May on the back of government pump-priming and a recovery in the property sector, providing fresh evidence that the world's third-largest economy is leading others on the path to recovery. Investment in urban areas in fixed...
Tags: China, retail sales, largest economy, trillion yuan, investment surge, exports plummeted, National Bureau of Statistics, china exports, data showed
Banks lent 5.2 trillion yuan ($762bn; £489bn) in the first four months of the year, encouraged by government backing for infrastructure projects. Ambitious profit targets also contributed to the massive volumes of money being lent, Fitch said. Last year,...
Tags: trillion yuan, China