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China warned against the risk of loan excess

July 20, 2009 - 5:08am | Analytics | News
China warned against the risk of loan excess

As it became known, on weekends China's top banking regulator published a strongly worded warning concerning the risks of country's surge in loan growth in the first half of this year. 

According to the words of Liu Mingkan, the head of the China Banking Regulatory Commission, the risk of real-estate loans must be under strong control as the country's banking loans growth has led to accumulated risks also increasing, despite the first half of the year reflected loans expanded rapidly and helped play an important role in stabilizing the economy.


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