Industrial output
CHINA S industrial output rose 16.3 percent in the first nine months of this year, Li Yizhong, Minister of Industry and Information Technology, said yesterday. The nation s industrial output could rise more than 13 percent this year, Li said.
Lending curbs
THE banking regulator urged lenders to stop providing loans to developers who hoard land or delay property sales, an effort to help shield banks from risks in the real estate industry. The regulator also said banks must not lend to property projects led by Central-Government owned companies whose core business is not property development.
