Sunday, February 24, 2013

China Home-Price Gains May Presage Policy Tightening: Economy















2013-02-22 ? bloomberg.com

Wen's remarks and the central bank's record draining of cash from the financial system this week have signaled the government is increasingly focused on inflation and debt risks. The People's Bank of China in a December report highlighted the need to control risks as an objective, a possible sign of growing concern that a surge in non-bank lending will lead to defaults.
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Source: http://ml-implode.com/staticnews/2013-02-22_ChinaHomePriceGainsMayPresagePolicyTighteningEconomy.html

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