BEIJING, Feb. 9 (UPI) -- Lending is on the rise in China as the economy rebounds from a seven-quarter trend of slower growth, the People's Bank of China said.
Lending rose to $170.4 billion in January, a $53.5 billion increase from January 2012, the central bank said.
Lending was the highest since January 2010, when new loans reached $223 billion, China's official Xinhua news agency reported Saturday.
China's gross domestic product rose at an annual rate of 7.9 percent in the fourth quarter. It was the first year-over-year acceleration in nearly two years.
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TEL AVIV, Israel, May 17 (UPI) --Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.