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China Is Said to Ask Banks to Curtail Loans for Rest of Year - Vimarsana News

China Is Said to Ask Banks to Curtail Loans for Rest of Year

China Asks Banks to Curtail Credit for Rest of Year Bloomberg 4 days ago Bloomberg News (Bloomberg) -- China’s central bank asked the nation’s major lenders to curtail loan growth for the rest of this year after a surge in the first two months stoked bubble risks, according to people familiar with the matter. Popular Searches At a meeting with the People’s Bank of China on March 22, banks were told to keep new advances in 2021 at roughly the same level as last year, said the people, asking not to be identified as the matter is private. Some foreign banks were also urge...

Source: msn.com