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Wen Jiabao urges to end banks' lending 'monopoly'
 Muzaffar Hameed April 4, 2012, 04:17:40 AM 

  BEIJINGL China's Premier Wen Jiabao has called for the break-up of a banking "monopoly" on lending that has prevented businesses from borrowing the money they need to expand, state media reported. Wen said the government needed to "break this monopoly" to ease the flow of private capital in the world's second-largest economy, in comments published on the China National Radio website early Wednesday. "In regards to financing costs, let me honestly say that our banks are making ...readmore

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