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Chinese banks extended fewer new loans in December, overall credit growth held up

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Chinese banks extended fewer new loans in December, but the country's overall credit growth held up after the central bank eased policy to support the slowing economy.

Chinese banks extended 1.14 trillion yuan ($165.45 billion) in new yuan loans in December, data released by the People's Bank of China showed on Thursday. That's down from 1.39 trillion yuan in November and lower than 1.19 trillion yuan expected by analysts in . . .

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