China’s credit growth picked up in November from previous month, but slower than expected as weak corporate demand weighs
China’s credit growth picked up in November from previous month, but slower than expected as weak corporate demand weighs

China’s credit growth picked up in November from previous month, but slower than expected as weak corporate demand weighs

 

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China's credit growth picked up in November from the previous month, although the rebound was slower than expected as corporate credit demand remained weak.

Chinese banks extended 1.27 trillion yuan ($200.19 billion) in new yuan loans in November, up from 826.2 billion yuan in October, but lower than 1.43 trillion yuan a year earlier, according to data released by the People's Bank of China (PBOC) on Thursday.

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