(AFX UK FOCUS) 2010-02-24 00:40 UPDATE 1-CHINA TELLS BANKS TO LIMIT LOANS TO LOCAL GOV’TS-MEDIA

(AFX UK Focus) 2010-02-24 00:40 UPDATE 1-China tells banks to extent loans to internal gov’ts-media
SHANGHAI, February twenty-four (Reuters) – China’s promissory note regulator has told blurb lenders to shorten brand new lending they yield to internal governments’ financing arms to sentinel off intensity risks of default, state media reported on Wednesday. While comparatively singular in scope, the step outlines a delay of efforts to check bomb lending expansion which has set off concerns about item cost froth and …

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