Barclays’ Rogers Says China Loan Growth Is Unsustainable: Video

May 11 (Bloomberg) — Jason Rogers, a credit analyst at Barclays Plc, talks with Bloomberg’s Haslinda Amin about Chinese banks’ lending policy.
China aims to cap new loans at 7.5 trillion yuan this year, down 22 percent from 2009s record, and have told banks to set aside more deposits as reserves three times since Jan. 1 amid concerns that the credit binge will result in a pile-up of bad debts. Rogers, speaking in Singapore, also discusses prospects for banks and financial firms in South Korea, Japan and India. (Source: Bloomberg)