China Financial Leasing Industry Report, 2011 - Latest Report
After the rapid development during the ""Eleventh Five-Year"" (2006-2010) period, China financial leasing industry gradually returned to reason in 2011, and achieved annual business volume of RMB 930 billion, up 32.9% year on year, far lower than the CAGR of 205.8% during the “Eleventh Five-Year” period. There are two main reasons for the gap: First, the growth of construction machinery, ship and other downstream industries slowed down; Second, the government adopted a tight monetary policy, impacting the capital source of...
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