China’s credit growth hit slowest since 2017 in September, analysts expect pickup in Q4
China’s credit growth hit slowest since 2017 in September, analysts expect pickup in Q4

China’s credit growth hit slowest since 2017 in September, analysts expect pickup in Q4

China's credit growth hit the slowest pace since 2017 mainly dragged by the slowing housing market and sluggish credit demand from the corporate sector.

Chinese banks extended 1.66 trillion yuan of new yuan loans in September, up from 1.22 trillion yuan in August, data released by the People's Bank of China (PBOC) showed on Wednesday. That's lower than 1.85 trillion yuan expected by analysts surveyed by Reuters and also . . .

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