The People's Bank of China said new loans in November was 3.5 per cent more than October's 505.2 billion yuan. Photo: Xinhua The People's Bank of China said new loans in November was 3.5 per cent more than October's 505.2 billion yuan. Photo: Xinhua
The People's Bank of China said new loans in November was 3.5 per cent more than October's 505.2 billion yuan. Photo: Xinhua

Yuan loans down, recovery still on track

Fresh lending dips from the same time last year but is up on October, keeping the banks on track to reach the country's annual goal

The People's Bank of China said new loans in November was 3.5 per cent more than October's 505.2 billion yuan. Photo: Xinhua The People's Bank of China said new loans in November was 3.5 per cent more than October's 505.2 billion yuan. Photo: Xinhua
The People's Bank of China said new loans in November was 3.5 per cent more than October's 505.2 billion yuan. Photo: Xinhua
READ FULL ARTICLE