China September New Bank Loans Rise to 1.08 Trillion Yuan
New loans totaled 1.08 trillion yuan ($161.37 billion), up from 60 billion yuan in August,
Story updates
09:38:43 AM UTC
SquawkNews
New bank lending in China rose more than expected in September, rebounding sharply from a weak August as policymakers stepped up targeted monetary support for the slowing economy.Chinese banks extended 1.08 trillion yuan ($161.37 billion) in new loans in September, beating expectations and rising s…
37 billion) in new loans in September, beating expectatations and rising sharply from August's 60 billion yuan, Analysts polled had expected…