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(Adds details) BEIJING, Oct 14 (Reuters) — 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 ex
Chinese banks issued 1.08 trillion yuan in new loans in September, equivalent to $161.4 billion, up from 60 billion yuan in August. Lending typically strengthens toward quarter-end, while Beijing rolled out measures to boost domestic demand.