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troppidebiti · 22-03-2010, 08:00

The 8 trillion yuan in lending to UDICs (urban development investment corporations) is equivalent to 24 percent of GDP, 13.2 percent of M2 and 180 percent of the equity base of the entire banking industry in China. In our opinion, this is by far the most drastic leveraging in China's modern history," the bank said in a research note.

22-03-2010, 08:00	#2525 (permalink)
troppidebiti Utente Senior Data registrazione: Jan 2009 Messaggi: 2,665	Cina come la Spagna The 8 trillion yuan in lending to UDICs (urban development investment corporations) is equivalent to 24 percent of GDP, 13.2 percent of M2 and 180 percent of the equity base of the entire banking industry in China. In our opinion, this is by far the most drastic leveraging in China's modern history," the bank said in a research note.