A story out on Reuters which emanates from the China Securities Journal says that China Bank lending may hit Yuan 1 trillion in March according to their sources. We all know bank lending is a big issue for China and 1 trillion is well up on February’s 700mln reading. The story however has not resonated in Asia today although it is good fodder for those that throw around China rate hike rumours every Friday. All up think it is best to wait for the official numbers – due out mid April. That said another adjustment to the reserve requirement ratio (we have seen two already this year) would hardly be a surprise.