Citigroup is a latecomer to China's banking industry and it has catching up to do. It makes more sense for Citigroup to explore other options, such as taking stakes in Guangdong Bank, which also has a national distribution network, to help them expand. |
GDP has been understated for the last three to four years. |
Rents in the city will continue to go up this year. |
The government and central bank are determined to tighten and if they don't see the target being met, there could be more measures coming. |
The January number surprised on the upside, and the February number should be even stronger because of the Chinese New Year factor. |
The objective is to slow down investment growth and loan growth which were higher than the targets set by the government. This won't be the only move and more administrative measures are likely to come. |
The objective is to slow down investment growth and loan growth. |
This is the case to set a precedent. For the first time, there is a legal basis for public participation. If it happens, it would be a major step forward. |
We can check the system to find out whether a loan applicant has a poor credit record or has paid back previous loans to decide whether we will offer him a loan. |