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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