China's credit growth slowed significantly in April after a record expansion in the first quarter. The data comes after a slew of upbeat data points to economic stabilisation and meanwhile, a heavy credit burst earlier this year has raised concerns on a further rise in bad loans.
Chinese banks extended 1.02 trillion yuan in net new yuan loans, missing forecasts and down from 1.69 trillion yuan in . . .
To continue reading, please subscribe.
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