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Echoes From Davos: China Reins In Bank Lending Some More

Echoes From Davos: China Reins In Bank Lending Some More

A slowdown, or worse, in China's economy because of bursting stock and real-estate bubbles was high on most Davos 2010 participants' check-lists of risks to the recovery in global economic growth. They may have got some reassurance today from China's central bank's decision to rein in the lending that is inflating them by raising its capital reserve ratio requirement of the country' big banks for the second time in a month.

 

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