News says January national new credit nearly 1.6 trillion

The reporter learned that as of Friday, the domestic financial institutions in January the new renminbi loan has been close to 1.6 trillion yuan. Economists, however, argue that this is largely the result of a game between commercial banks and regulators, with high credit growth in the January not sustainable.　　Given the use of the reserve facility, the focus of credit control has also returned to administrative measures, with little likelihood of raising interest rates in the first half. At the same time, according to 7.5 trillion of the year's loan control scale, this year's credit quarterly release is likely to repeat the 2009 "5:3:1:1" ratio. However, as banks may run out of annual credit lines in the first half of the year, this will force regulators to loosen credit limits.　　A further tightening of monetary policy in the fourth quarter of this year will be halted as a result of a huge inertia in fixed asset investment last year and a possible slowdown in economic recovery and asset price declines, experts say. According to the economic reference newspaper