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Economy

Demeter

(85,373 posts)

18. China tells banks to roll over loans

Reply to Tansy_Gold (Original post)

Mon Feb 13, 2012, 09:49 AM

Feb 2012

In some cases the maturities on local government debt will be extended by as much as four years...China has instructed its banks to embark on a mammoth rollover of loans to local governments, delaying the country’s reckoning with debts that have clouded its economic prospects

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http://link.ft.com/r/2SRI11/AMF8JT/VTVRG/L9U9LA/B5NT8E/SN/t?a1=2012&a2=2&a3=13

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STOCK MARKET WATCH -- Monday, 13 February 2012 [View all] Tansy_Gold Feb 2012 OP

Our own InkAddict is in the hospital Tansy_Gold Feb 2012 #1

oh no -- be well IA! xchrom Feb 2012 #6

Best wishes to him for a speedy recovery. bread_and_roses Feb 2012 #36

Ink Addict..... AnneD Feb 2012 #40

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that sounds like fun! and a lot of work. xchrom Feb 2012 #12

I have motives Demeter Feb 2012 #27

i think that's a very good way to go about it. xchrom Feb 2012 #30

The most valuable lesson I learned when you want someone's cooperation: TalkingDog Feb 2012 #43

How nice of you! DemReadingDU Feb 2012 #28

new day - new week xchrom Feb 2012 #7

C'mon, can't you be at least a LITTLE enthusiastic? Tansy_Gold Feb 2012 #35

and that, my dear, is why you are MISTRESS tansy -- xchrom Feb 2012 #37

... Tansy_Gold Feb 2012 #38

I'm on my dogs ignore list. xchrom Feb 2012 #39

Good on you, TG! hamerfan Feb 2012 #48

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They don't learn Tansy_Gold Feb 2012 #33

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Expire my ass. Fuddnik Feb 2012 #44

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Reality Calls Demeter Feb 2012 #32

have a good day, miss demeter! xchrom Feb 2012 #45

I think he meant "dissolute" not "desolate" Demeter Feb 2012 #49

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