Supervision of banks paying off reports CBRC

The China Banking Regulatory Commission (CBRC) said Thursday its recent efforts to strengthen the supervision of banks and contain their lending risks have shown good results, according to Friday's China Daily.

CBRC Chairman Liu Mingkang noted positive signs that emerged in the first four months of the year at a teleconference yesterday - monetary supply growth had subsided, new loans slowed their pace, the lending capacity of banks was restricted and China's international payments were basica

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