China’s credit growth slower than expected in Dec, government financing picked up, corporate credit demand remained weak
China’s credit growth slower than expected in Dec, government financing picked up, corporate credit demand remained weak

China’s credit growth slower than expected in Dec, government financing picked up, corporate credit demand remained weak

 

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New bank lending in China declined faster than expected in December but lending for the full year of 2021 set a record the world’s second-largest economy gradually steps up policy support to boost economic growth.

Chinese banks extended 1.13 trillion yuan ($177.56 billion) in new yuan loans in December, down from 1.27 trillion yuan in the previous month and missing analysts' expectations, according to data released by the People's . . .

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