
Oneweekgov’t/banks/property/cementtriptoShaanxi,Sichuan,ChongqingWevisitedthethreekeyeconomiesofWesternChinainmid-Julyandremainedoptimisticofa2Hrecovery.Creditremainedtight,butwesawsomeunannouncedlooseninginlendingquota.Propertysalesstayedweakbutmajorinfrastructureprojectsarebeingaccelerated.Thestrictlendingquotahaskeptmortgagerateshighanddeterredbanksfromspeedingupmortgageapprovals.W...