BEIJING, June 18 (Xinhua) -- Latest survey by China's
central bank shows that 42.6 percent of bankers in the country believe that the
macro economy is overheated, and 26.6 percent think the situation will continue.
The People's Bank of China and the National Bureau of
Statistics quarterly send questionnaires to principals of all kinds of banks
including foreign-funded ones, asking them about impression upon the current
economic situation.
Some 42.6 percent of bankers think the macro economy
is overheated in the second quarter of this year, and 26.6 percent predict such
situation will continue in the next quarter, which is the maximum ratio in
history.
China's economy is facing heightened overheating
signs, as outstanding bank loans surged 15.97 percent year on year by the end of
May amid a seemingly unabated investment binge.
So as to cool down the overheated economy, the
People's Bank of China in April raised the minimum rate commercial banks charge
on one-year loans in local currency, the yuan, 27 basis points, to 5.85 percent
in an aggressive move to discourage lending. It was the first increase since
October 2004.
The survey, however, shows that 18.5 percent of
bankers still think the current monetary policy is too mild and further
tightened policy may come out in the next quarter. This is also the maximum
ratio in history. Enditem