Press "Enter" to skip to content

China’s credit growth expected to pick up in March

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 lending tumbled to 885.8 billion yuan in February, due to seasonal factors and regulators’ concerns about a flare-up . . .

To continue reading, please subscribe.

FREE TRIAL

We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. Don't miss out! 

What you'll get:

  • Original and in-depth reporting on China's economy and financial markets with details, data and perspectives you don't read elsewhere!
  • Daily Brief newsletter delivered before market open every weekday wrapping up the most important China-related information.
  • Weekly Market Wrap-up on Chinese equities, bonds, the yuan and commodities!
  • Interviews with China experts. We find you insights you should never miss!

 

Not ready for the full service? Subscribe to our Free Weekly Newsletter first.

Already have an account? Sign In

Top