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Article: CHINA'S ZHEJIANG PROVINCE BOOKS US$121 BLN IN OUTSTANDING LOANS.
- Article from:
- AsiaPulse News
- Article date:
- June 23, 2003
CopyrightCOPYRIGHT 2003 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HANGZHOU, June 23 Asia Pulse - Zhejiang Province, famous for its booming private economy, became the fourth province on the Chinese mainland with a total volume of outstanding loans in excess of one trillion yuan (US$121.9 billion) by the end of May.
According to statistics released by Zhejiang Statistics Bureau, the outstanding loans in Chinese and foreign currencies by financial institutions totaled ...