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China urged to rein in overheating economy

May 06, 2010  

From Pamela Tang

Beijing must tighten monetary policy and introduce more measures to control its overheating economy, says HSBC’s head of Asian economic research Qu Hongbin. Mid- to long-term loan growth is still a concern, he notes.

China is expected to tighten monetary policy further and introduce other measures to address the risk of overheating, says HSBC.

Qu Hongbin, the bank’s co-head of Asian economic research, argues that the risk of overheating is still rising in light...


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 SYNDICATED LOANS

Rank Bookrunner Value ($m) No. %Share
1 Industrial & Commercial Bank of China - ICBC 1,160 1 16.4
1 Bank of Communications Co Ltd 1,160 1 16.4
3 State Bank of India 964 3 13.6
4 Land Bank of Taiwan 400 7 5.6
5 Maybank Investment Bank Bhd 332 1 4.7
6 AXIS Bank 236 2 3.3
7 IDBI Bank Ltd 124 1 1.8
8 HSBC 92 2 1.3
9 BNP Paribas 92 1 1.3
10 First Commercial Bank Co Ltd 65 4 0.9
Subtotal 4,623 18 65.2
Total 7,090 32 100.0


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