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CHINA PRESS
CHINA PRESS: The slowdown in China's October money supply and credit growth is
mainly due to banks' unwillingness to increase credit and not a fault of
monetary policy, the Securities Times said in a front-page commentary Thursday.
- Banks still have a low appetite for risk amid the economic downturn, and are
hindered by factors like the slowdown of deposit growth, insufficient capital,
pressure on asset quality and fear of regulations, the newspaper said.
(Link to the story: https://bit.ly/2PYQuPP)
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com