Mastering the flood

Special Report - China: Risk management

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Decision makers at China's major banks appear to have given their full support to the Beijing government's 4 trillion renminbi ($585 billion), two-year fiscal stimulus package unveiled in November. They have already released loans amounting to 1.62 trillion renminbi in January, equivalent to total bank credit approved in the first quarter of 2008.

And this came before Premier Wen Jiabao addressed the country's annual National People's Congress (NPC) in Beijing in March to set the nation's socioe