Summit Notebook

from Changing China:

Interest rate barometer

August 31, 2009

Chinese banking regulators should monitor more closely the lending activities of underground banks, where interest rates react more quickly to changing economic conditions than do rigid state-set interest rates.

from Changing China:

Don’t bank on mortgage spike

August 31, 2009

By Michael Wei

Don't count on a recent spike in home loans to greatly improve earnings at Chinese banks. That's because they are still a relatively small part of overall lending.