New bank lending in China fell less than expected in February from January as the central bank seeks to cool credit growth to contain debt risks while maintaining support for ailing small firms. Chinese banks extended 1.36 trillion yuan ($208.86 billion) in new local-currency loans in February, down from a record 3.58 trillion yuan in …
The post China Feb new bank loans fall less than expected as c.bank tapers credit first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John