China New Loans Jump 38 Percent In NovemberRupert Hargreaves
The value of new loans issued in China jumped approximately 38% to RMB708.9bn during November, up from the figure of RMB513.6bn in October according to a research report from ANZ.
However, while the rebound in new loans was impressive, the increase in lending was weaker than expected. Aside from seasonal factors driving up new loans, during the same period last year (November 2014) the value of new loans issued totalled RMB852.7bn. According to ANZ, the year-on-year decline in new loans . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible