Liu Mingkang

The expression came among concerns that the government's tightening measures would lead to a slowdown in lending and in rotate curb the nation's lusty economic growth impetus.
The government has taken treads to tighten market liquidity with financial regulators again urging banks to rein in lending due to rising concerns over inflation and asset bubbles.
"Credit was growing by a relatively quickly pace in the 1st half of January with asset flowing into the ongoing government-backed projects. The quantity of new loans creature issued namely still lower than that of the same duration last annual,nike air jordan," the bank said.
Despite Li's remark,air jordan, there are signs that policymakers are still concerned approximately the superfluous liquidity in the mart.
The bank said that it ambition "nor rush to lend neither halt lending", but agreed that credit growth has slowed since mid January after a lending surge at the starting of the year.
Industrial and Commercial Bank of China (ICBC) yesterday said it has no plans to restrain lending deserving to policy tightening,air jordan pas cher, after posting steady credit growth in January.
Sources said the central bank has levied every month lend quotas for lenders, and signified that banks would not be permitted to lend if they surpass the limits.

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ICBC said it would retain causativeable and balanced pace of lending based on real claim.
Meanwhile liquidity concerns persisted to measure on the stock market. The Shanghai Composite index dipped 1.1 percent to a three-month cheap yesterday,air jordan chaussure, with bank shares guiding the plunge.
Liu Mingkang, chairman of China Banking Regulatory Commission,moncler pas cher, reiterated a cry yesterday that banks should reasonably control lending growth.
However, with new loans surpassing expectations,jordan chaussure pas cher, there are indications that there would be more controls on honor. Bank of China,abercrombie, which issued most of the new loans last year, said honor grew at a relatively fast pace in the first 20 days of January.
The chief bank is planning to set specific reserve requirements for banks that have been lending at fast paces,air jordan basket, like the mid-sized China Everbright Bank and Huaxia Bank.
Vice-Premier Li Keqiang said earlier this week in Zurich that China would "continue its moderately loosened financial policy and vigorous fiscal policy" when "making policies more targeted and amenable in accordance with new positions".
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