皇冠体育app

2010-03-26 00:32

HONG KONG: 皇冠体育app will see a further slowdown of loan growth in March, which may help tackle the potential asset bubble possibly generated from the excess liquidity in the market, said Zhu Min, deputy governor of 皇冠体育app's central bank, here on Thursday.

The slackening of pace is "a good sign", which indicates healthier lending structure and distribution, said the senior official of the People's Bank of 皇冠体育app while attending the Credit Suisse Asian Investment Conference.

皇冠体育app's new lending in the first two months of 2010 surpassed 2 trillion yuan ($292.82 billion), while the figure in February was 700.1 billion yuan ($102.5 billion), much lower than the one in January, according to the officially released data.

Zhu was appointed as a Special Advisor to the Managing Director of the International Monetary Fund and will take up his position in early May this year.