Is Bubble Reinflating the Right Way to Go?

May 12, 2009

∙ Paid

Here are excerpts from a Caijing Magazine news article entitled "China’s Loan Binge: Stimulus or Insanity?":-

"China's banks approved a combined 4.58 trillion yuan in new loans during the first quarter – a remarkable cash surge equal to the total amount of bank lending for all 2008. It shocked some to see the credit floodgates open smack in the middle of…

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