Restraint measures announced by
the Chinese government on 3 July 1993
Annex 1
1.
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12.
Call in loans diverted to speculative schemes.
Forced sales within two weeks of all government bonds that have failed to sell.
Raise interest rates.
Force non-financial institutions to repay funds borrowed from financial institutions.
Impose a 20% cut in government spending and a ban on new imports of cars.
Suspend price reform measures.
Forbid the issuing of new IOUS to peasants.
End dubious fund-raising schemes.
Control real estate fever in development zones.
Reduce the scale of infrastructure projects.
Control how companies list shares on the stock market.
Reform the export financing system.
13. Force banks to control the way they approve loans.
14.
Strengthen the central bank.
15. Clear transport bottlenecks that keep goods piling up.
16.
Send inspection teams to ensure provinces by orders.
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