New loans set to grow in April
By Wang Bo | China Daily | Updated: 2010-05-08 07:33
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An employee counts banknotes at an Industrial and Commercial Bank branch in Nanjing, Jiangsu province. The Chinese government rolled out a series of tightening measures in April to cool rocketing property prices. An Xin / for China Daily |
BEIJING -Despite government calls to tighten mortgage loans, fresh lending in April is likely to pick up from March, leading to a steady growth in credit in the second quarter, analysts said on Friday.
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