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| Author: | Zheng, Liangfang |
| Title: | On issues concerning the macro-control of finance--to curb inflation by curbing the overgrowth of direct financing (original in Chinese) |
| Journal: | Banks and Companies (c)
1994 : 8, p.22-23 |
| Index terms: | INVESTMENT INFLATION FINANCE HOUSES CHINA |
| Language: | chi |
| Abstract: | Direct financing and inter-bank indirect financing are but two means of financing to promote economic growth. It is groundless to claim that direct financing helps curb inflation, but interbank indirect financing does not. To stop the skyrocketing of prices and curb inflation depends on such departments as, public finance, banks, industry and commerce administration, taxation and political -legal ones. A tight rein is to be kept on direct financing. |
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