China’s bank lending in the first quarter hit a record high of 7.67 trillion yuan. Photo: Bloomberg China’s bank lending in the first quarter hit a record high of 7.67 trillion yuan. Photo: Bloomberg
China’s bank lending in the first quarter hit a record high of 7.67 trillion yuan. Photo: Bloomberg
Central Banks

China economy: bank loans hit record high in first quarter as authorities balance growth and debt risk

  • China’s bank lending in the first quarter hit a record high of 7.67 trillion yuan (US$1.17 trillion)
  • Banks extended 2.73 trillion yuan in new yuan loans in March, up from 1.36 trillion yuan in February

Topic |   Central Banks
China’s bank lending in the first quarter hit a record high of 7.67 trillion yuan. Photo: Bloomberg China’s bank lending in the first quarter hit a record high of 7.67 trillion yuan. Photo: Bloomberg
China’s bank lending in the first quarter hit a record high of 7.67 trillion yuan. Photo: Bloomberg
READ FULL ARTICLE