`Problems' Ahead for China Bank Industry, Chu Says

June 18 (Bloomberg) -- Charlene Chu, head of China financial institutions for Fitch Ratings, talks about the nation's banking industry. Total lending from banks and other financial institutions in China was 198 percent of gross domestic product last year, compared with 125 percent four years earlier, according to calculations by Chu. She speaks in Hong Kong with Zeb Eckert on Bloomberg Television's "First Up." (Source: Bloomberg)
Fed 'Normalization' a Good Thing: OECD's Gurria
48:01 - OECD Secretary General Angel Gurria says that the U.S. Federal Reserve will raise interest rates gradually; the only question is when it starts. He also said the Chinese economy is adjusting to a more "sustainable cruising speed". He spoke with Bloomberg's Ryan Chilcote at a meeting of G20 finance ministers in Ankara on "the Pulse."
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