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China's new loans issued so far in......>

CHINA PRESS
MNI (Beijing)
CHINA PRESS: China's new loans issued so far in February are also sizeable
following January's record lending, Caixin reported citing banking sources. 
 - PBOC began to give orders to banks to contain the size of new lending;
 - Banks lent $460.7 billion new loans in Jan, up 396.24% from Dec; 
 - Banks usually lend more at the start of the year to maximize interests and
tap a strong demand, Caixin said.
***Comment: PBOC wants to keep a  strong rein on credit so as not to derail the
deleveraging campaign. The surge of new loans in January partly resulted from a
shortage of credit in the fourth quarter last year.

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