Tuesday, June 19, 2012

Chinese banks act to boost lending

China is set to allow its banks to convert loans into securities in an effort to boost lending as its economy begins to slow.

Source: http://telegraph.feedsportal.com/c/32726/f/579300/s/207a300a/l/0L0Stelegraph0O0Cfinance0Cchina0Ebusiness0C93398820CChinese0Ebanks0Eact0Eto0Eboost0Elending0Bhtml/story01.htm

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