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	<title>China Financial Markets &#187; Rome</title>
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	<description>Michael Pettis&#039; finance blog...</description>
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		<title>China’s loan growth isn’t boosting my confidence in China’s “green shoots”</title>
		<link>http://www.mpettis.com/2009/06/30/chinas-loan-growth-isnt-boosting-my-confidence-in-chinas-green-shoots/</link>
		<comments>http://www.mpettis.com/2009/06/30/chinas-loan-growth-isnt-boosting-my-confidence-in-chinas-green-shoots/#comments</comments>
		<pubDate>Tue, 30 Jun 2009 10:18:34 +0000</pubDate>
		<dc:creator>Michael</dc:creator>
				<category><![CDATA[Banks]]></category>
		<category><![CDATA[Fiscal debt and deficits]]></category>
		<category><![CDATA[NPLs]]></category>
		<category><![CDATA[CBRC]]></category>
		<category><![CDATA[Chancellor]]></category>
		<category><![CDATA[Rome]]></category>

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		<description><![CDATA[“China&#8217;s overall surge in credit in the first half of 2009,” an article in yesterday’s People’s Daily assures us, “is normal and healthy; however problems still exist in the structure, quality and flow of credit. China should continue to optimize credit structure and guard against potential risks.” Credible rumors suggest that new loans in June [...]]]></description>
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