{"id":201720,"date":"2010-01-20T01:44:00","date_gmt":"2010-01-20T06:44:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/vincent-fernando-chinese-liquidity-tightening-a-pipedream-as-yuan-loans-will-spike-18-in-2010-2010-1"},"modified":"2010-01-20T01:44:00","modified_gmt":"2010-01-20T06:44:00","slug":"chinas-credit-tightening-pipedream-bursts-as-yuan-loans-are-set-to-jump-18-in-2010","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/201720","title":{"rendered":"China&#8217;s Credit Tightening Pipedream Bursts As Yuan Loans Are Set To Jump 18% In 2010"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4b56a4c00000000000fb5034-400-\/china-bull.jpg\" border=\"0\" alt=\"China Bull\" width=\"400\" \/><\/p>\n<p>China is trying to temper rampant loan growth this year, in order to stave off potentially dangerous asset market bubbles and inflation.<\/p>\n<p>Yet despite the government&#8217;s expected efforts to get tough and tighten monetary policy, even the country&#8217;s own regulators still expect total yuan loans outstanding to grow at a torrid pace in 2010.<\/p>\n<p style=\"padding-left: 30px;\"><a href=\"http:\/\/www.marketwatch.com\/story\/china-targets-11-trillion-in-new-loans-in-2010-2010-01-19?reflink=MW_news_stmp\">Market Watch:<\/a> Chinese regulators expect the nation&#8217;s banks to issue about 7.5 trillion yuan ($1.1 trillion) in new loans this year, reflecting efforts to rein in bank lending after nearly doubling lending levels last year.<\/p>\n<p style=\"padding-left: 30px;\">China Banking Regulatory Commission Chairman Liu Mingkang cited the figure during an investment forum Wednesday in Hong Kong, according to Dow Jones Newswires.<\/p>\n<p style=\"padding-left: 30px;\">The new lending target means that outstanding yuan loans will rise about 16% to 18% this year, Liu said.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/vincent-fernando-chinese-liquidity-tightening-a-pipedream-as-yuan-loans-will-spike-18-in-2010-2010-1#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/china-dailys-boastful-top-ten-list-2010-1\">China: Here&#8217;s 10 Ways We&#8217;re Kicking The World&#8217;s Ass Right Now<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/uh-oh-now-jim-rogers-is-warning-about-the-chinese-property-bubble-2010-1\">Uh-Oh: Now Jim Rogers Is Warning About The Chinese Property Bubble<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/china-just-restricted-smoking-and-philip-morris-just-got-smoked-2010-1\">China Just Restricted Smoking, And Philip Morris Just Got Smoked<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/aUNZAQO6X7U\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>China is trying to temper rampant loan growth this year, in order to stave off potentially dangerous asset market bubbles and inflation. Yet despite the government&#8217;s expected efforts to get tough and tighten monetary policy, even the country&#8217;s own regulators still expect total yuan loans outstanding to grow at a torrid pace in 2010. Market [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-201720","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/201720","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=201720"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/201720\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=201720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=201720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=201720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}