7/24/2009

China's government remains worried about a "second dip" during its recovery and might push new lending to an all-time high of $1.6 trillion, BNP Paribas said. Slightly more than a third of China's GDP this year will come from new-credit supply, the bank said. "The central government is still concerned with a possible second dip in the recovery path," analyst Dorris Chen wrote in a note.

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