New lending by China banks accelerates

02/3/2013 | Caijing Magazine online · Bloomberg

China's four largest banks extended nearly 400 billion yuan in new loans in January, and the banking sector as a whole was on pace to top 1 trillion yuan in lending for the month. Separately, China's State Administration of Foreign Exchange reported a record deficit in the country's financial and capital account for 2012.

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Caijing Magazine online · Bloomberg

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