Moderate rise seen in credit offtake
By Chen Jia | China Daily | Updated: 2018-06-27 07:42
Measures by central bank to prevent further lending rate hikes
The central bank's recent measures to inject liquidity and encourage bank lending may have a moderate impact on boosting credit growth, as regulatory tightening continues, said experts.
The measures will help curb further increases in lending rates while easing financing strains to some extent.
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