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China's biggest lenders are resisting government pressure to lower borrowing rates. Beijing made big news this summer with a stealth ease - allowing banks to offer discounts of up to 30% from the official lending rate - but few are taking advantage, according to bank officials. Of more concern for banks may be dealing with the fallout from the last lending binge.

China's biggest lenders are resisting government pressure to lower borrowing rates. Beijing made big news this summer with a stealth ease - allowing banks to offer discounts of up to 30% from the official lending rate - but few are taking advantage, according to bank officials. Of more concern for banks may be dealing with the fallout from the last lending binge. 1 comment!

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