New bank lending in China fell more than expected in December, with aggregate finance dropping from CNY2.61 trillion in November to CNY2.37 trillion in December, and new yuan loans falling from CNY1.27 trillion in November to CNY1.13 trillion last month. While year-end credit tends to grow slower, the figures are surprising given the People’s Bank …
The post Slowing loan growth weighs on cautious Chinese banks first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John
https://www.hellenicshippingnews.com/slowing-loan-growth-weighs-on-cautious-chinese-banks/