China bank lending down 43 percent in 1st quarter (AP)

[Mgtrben news]

AP - Lending by Chinese banks fell 43 percent in the first quarter from a year earlier as the government winds down its stimulus and tries to cool a credit boom while keeping its recovery on track, central bank data showed Monday.

Source (http://us.rd.**********/dailynews/rss/asia/*http://news.**********/s/ap/20100412/ap_on_bi_ge/as_china_economy)