A file picture of a bank worker counting cash at a branch in Shanghai. Photo: Reuters A file picture of a bank worker counting cash at a branch in Shanghai. Photo: Reuters
A file picture of a bank worker counting cash at a branch in Shanghai. Photo: Reuters
China economy

Chinese bank lending soars to over 1 trillion yuan in September amid surge in demand for mortgages

Level of loans also bolstered by local government debt swaps, aimed at reducing interest payments at cash-strapped authorities

Topic |   China economy
A file picture of a bank worker counting cash at a branch in Shanghai. Photo: Reuters A file picture of a bank worker counting cash at a branch in Shanghai. Photo: Reuters
A file picture of a bank worker counting cash at a branch in Shanghai. Photo: Reuters
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