皇冠体育app

Banking

皇冠体育app researcher sees 2010 loans exceeding govt target

(Agencies)
Updated: 2010-08-16 15:35

皇冠体育app's new banking lending this year may exceed the government's 7.5 trillion yuan target, state broadcaster 皇冠体育app Central Television reported, citing Yuan Gangming, a researcher at the Chinese Academy of Social Sciences.

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Loans may exceed the target as curbs on the property market slows economic growth and increases the need for the central bank to extend more loans to other industries, CCTV reported, citing Yuan.