china curbing credit, page-4

bass76, 'THE WEST AUSTRALIAN' 27/jan/10

"Reuters reported that the People,s Bank of China had
told two commercial banks to lift their reserve
capital by another 0.5% after an industry-wide 0.5%
increase on january 18 aimed at curbing lending and
a sharp rise in inflation"

My thoughts are this is because of the uncertainy of
the impact of the AIM, OPTION A loans which are now
looking to be refinanced (where are they going
to get finance ??? )

China is being proactive and rightly so...

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