China Dec new loans 584.4 bln yuan, far below expectations

Chinese banks extended 584.4 billion yuan ($90.28 billion) in net new yuan loans in December, far below analysts’ expectations. Analysts polled by Reuters had predicted new yuan loans of 1 trillion yuan, down from November’s 1.12 trillion yuan. Broad M2 money supply in December grew 8.2 percen...
from FF News: Breaking News

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