Sunday, January 8, 2012

Chinese premier pledges more entrepreneur loans

BEIJING (AP) - China's premier has pledged to tighten risk controls on its banks and see that they do more to help entrepreneurs to sustain economic growth in the face of a possible global slowdown.

Premier Wen Jiabao said at a weekend financial planning conference Saturday that China's financial industries are sound but still face risks. He vows to press ahead with reforms aimed at giving market forces more influence over lending, but no details have been announced.

China's state-owned banks avoided the financial turmoil that battered Western institutions, but a slump in global demand and exports is fueling concern its relatively robust economic growth might slow dangerously.


Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Source: http://www.breitbart.com/article.php?id=D9S4HGUG1&show_article=1

plane crash new jersey beef o bradys bowl the hobbit sopa the hobbit an unexpected journey dark knight rises trailer dark knight rises trailer

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.