China's banks still try to maximize lending

Note: This section contains information in English only.
Source: China.org.cn

China's banks are attempting to increase lending that might lead to higher number of bad loans, according to the government's decision makers. In the end of November four large commercial banks unexpectedly increased lending by 70 billion yuan. It appears very hard for central bank to restrict the accelerated lending of the banks, said government's decision-makers. The banks have to take responsibility of probable non-performing loans and not seeking government's support, they added.

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