Aggregate financing, the broadest measure of credit supply that include bond issuance, initial public offering and off-balance sheet lending, jumped to 2.86 trillion yuan (US$425 billion) last month. Photo: AP

China issues record new loans in the first quarter of 2019 as Beijing battles slowing economy amid trade war

  • Chinese banks issued a record US$865 billion of new loans in the first quarter of 2019
  • In March, banks issued US$251 billion in loans, the second highest behind only March 2009
Topic |   China economy

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Aggregate financing, the broadest measure of credit supply that include bond issuance, initial public offering and off-balance sheet lending, jumped to 2.86 trillion yuan (US$425 billion) last month. Photo: AP
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Imports shrank by 7.6 per cent, after a 19.9 per cent collapse in January and February, below a Bloomberg forecast of 0.1 per cent growth. Photo: Reuters

China’s exports recover in March, but imports crash again as trade war deal nears

  • Exports grew by 14.2 per cent, a big jump from the 20.7 per cent fall in January and February
  • Imports fell 7.6 per cent, after a 19.9 per cent collapse in January and February, far below a Bloomberg forecast of 0.1 per cent growth
Topic |   China economy

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Imports shrank by 7.6 per cent, after a 19.9 per cent collapse in January and February, below a Bloomberg forecast of 0.1 per cent growth. Photo: Reuters
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