New bank loans in China likely rebounded in March from a sharp drop the previous month and total social financing is expected to pick up buoyed by faster local government bond issuance to ramp up infrastructure investment.
Chinese banks likely extended 1.2 trillion yuan in net new loans in March, up about 7 percent from the same period a year earlier, according to a median estimate in a Reuters survey.
After a record credit surge in January, new bank . . .
To continue reading, please subscribe. You will get
- Original and in-depth reporting on China's economy and financial markets
- Details, data and perspectives you don't read elsewhere
- THE WIRE - a Real-Time News platform that delivers everything important about China's economy, companies, stocks, bonds, commodities and the yuan.
- Daily Brief newsletters to get you prepared for every trading day
We highly value independence. We are solely funded by subscriptions from thousands of readers like you.
Already have an account? Sign In