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	<title>China Financial Markets &#187; PG Wodehouse</title>
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	<description>Michael Pettis&#039; finance blog...</description>
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		<title>Distortions in the Chinese lending environment</title>
		<link>http://www.mpettis.com/2009/05/03/distortions-in-the-chinese-lending-environment/</link>
		<comments>http://www.mpettis.com/2009/05/03/distortions-in-the-chinese-lending-environment/#comments</comments>
		<pubDate>Sun, 03 May 2009 13:11:42 +0000</pubDate>
		<dc:creator>Michael</dc:creator>
				<category><![CDATA[Asian development model]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Fiscal stimulus]]></category>
		<category><![CDATA[Money growth]]></category>
		<category><![CDATA[NPLs]]></category>
		<category><![CDATA[Lewis Carroll]]></category>
		<category><![CDATA[PG Wodehouse]]></category>
		<category><![CDATA[SMEs]]></category>

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		<description><![CDATA[Things have been so busy this past week with various writing commitments and with the celebration of the third anniversary of my music club (four amazing shows with some of Beijing’s greatest artists and a lot of support and coverage from local music scene participants an the press) that I have been neglecting my blog. [...]]]></description>
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