Analysts polled by Reuters had predicted new yuan loans would jump to 3.5 trillion yuan in January, up from 1.26 trillion yuan in the previous month and 3.34 trillion yuan a year earlier. Photo: Reuters Analysts polled by Reuters had predicted new yuan loans would jump to 3.5 trillion yuan in January, up from 1.26 trillion yuan in the previous month and 3.34 trillion yuan a year earlier. Photo: Reuters
Analysts polled by Reuters had predicted new yuan loans would jump to 3.5 trillion yuan in January, up from 1.26 trillion yuan in the previous month and 3.34 trillion yuan a year earlier. Photo: Reuters
China economy

China economy: banks extended record 3.58 trillion yuan in new loans in January

  • Chinese banks made a record 3.58 trillion yuan (US$555 billion) in new loans in January, up from 1.26 trillion yuan in the previous month and 3.34 trillion yuan a year earlier
  • Broad M2 money supply in January grew 9.4 per cent from a year earlier, central bank data showed on Tuesday

Topic |   China economy
Analysts polled by Reuters had predicted new yuan loans would jump to 3.5 trillion yuan in January, up from 1.26 trillion yuan in the previous month and 3.34 trillion yuan a year earlier. Photo: Reuters Analysts polled by Reuters had predicted new yuan loans would jump to 3.5 trillion yuan in January, up from 1.26 trillion yuan in the previous month and 3.34 trillion yuan a year earlier. Photo: Reuters
Analysts polled by Reuters had predicted new yuan loans would jump to 3.5 trillion yuan in January, up from 1.26 trillion yuan in the previous month and 3.34 trillion yuan a year earlier. Photo: Reuters
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