China's banking regulator has ordered commercial banks to strictly control the granting of new loans for the rest of the year in an attempt to prevent overshooting this year's lending growth target and overheating the world's fourth economy.
Stating that it had been a most fructiferous and successful meeting, but not revealing much else to the press, Argentine elected president Cristina Fernandez de Kirchner completed Monday her first overseas visit in Brazil, a strategic ally and partner for Argentina.