{"id":8292,"date":"2006-06-30T07:21:26","date_gmt":"2006-06-30T14:21:26","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/2006\/06\/30\/china-should-further-tighten-credit-and-land-supply-to-curb-investment-forbes-report\/"},"modified":"2008-07-23T03:36:48","modified_gmt":"2008-07-23T10:36:48","slug":"china-should-further-tighten-credit-and-land-supply-to-curb-investment-forbes-report","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2006\/06\/china-should-further-tighten-credit-and-land-supply-to-curb-investment-forbes-report\/","title":{"rendered":"China should further tighten credit and land supply to curb investment – Forbes report"},"content":{"rendered":"
\nFrom Forbes Report:\n<\/p>\n
\nA state-run think tank has suggested that the government further tightens credit and land supply to curb excess liquidity and ease excessive growth in fixed asset investment, according to a report published in Shanghai Securities News <\/a>.<\/p>\n
“The authorities may raise middle and long-term lending rates to further enhance control of middle and long-term loans so as to curb overinvestment in fixed assets,” said the State Information Center<\/a>, a government think tank.<\/p>\n
It also suggested that the authorities may further raise the banking reserve ratio to an “appropriate level” if the previously announced hike proves ineffective in reducing liquidity in the banking system.<\/p>\n