Summary | CBRC cautions on surging consumer loans - Business -
Chinadaily.It also cautioned against a fast rise in consumer
leverage ratio."We should learn from the lessons of the
subprime mortgage crisis in the United States."Such misuse of
consumer loans is tantamount to violation of banking
regulations, he said.Without written authorization from CDIC, ...
Chinadaily.It also cautioned against a fast rise in consumer
leverage ratio."We should learn from the lessons of the
subprime mortgage crisis in the United States."Such misuse of
consumer loans is tantamount to violation of banking
regulations, he said.Without written authorization from CDIC, ...
chinadaily.com.cn | 18 November 2017