China’s loans tumble as coronavirus lockdowns hold back credit growth

//China’s loans tumble as coronavirus lockdowns hold back credit growth

China’s loans tumble as coronavirus lockdowns hold back credit growth

Chinese banks extended 645.4 billion yuan (US$95.3 billion) in new yuan loans in April, down sharply from March and falling short of analyst expectations, according to data released by the People’s Bank of China on Friday.

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By | 2022-05-13T10:19:23+00:00 May 13th, 2022|Headlines|Comments Off on China’s loans tumble as coronavirus lockdowns hold back credit growth