China New Loans

China’s new yuan-denominated loans in January hit 2.9 trillion yuan, 867 billion yuan more than the same period a year earlier and a record high, central bank.

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BEIJING (Reuters) – China’s banks extended a record 2.9 trillion yuan ($458.3.

BEIJING — Chinese banks logged a record amount of new loans in January, as the government’s effort to contain financial risks caused a shift toward traditional lending from murkier forms of financing. While credit growth slowed.

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* Jan new loans 2.9 trln yuan vs f’cast of 2 trln yuan * Jan M2 money supply up 8.6 pct y/y, vs f’cast 8.4 pct * Jan TSF 3.06 trln yuan, vs 1.14 trln yuan in Dec By Kevin Yao BEIJING, Feb 12 (Reuters) – China’s banks extended a record.

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Dec 25, 2017  · Government officials are moving to curb a new generation of businesses that make personal loans online, amid concerns about privacy and rising debt.

China’s banks extended a record 2.9tn yuan ($458.3bn) in new yuan loans in January, blowing past expectations and nearly five times the previous month as policymakers aim to sustain solid economic growth while reining in debt risks.

Chinese banks extended a record 2.9 trillion yuan ($458.3 billion) in net new yuan loans in January, well above analysts’ expectations and almost five times as much as in December. Analysts polled by Reuters had predicted new yuan.

BEIJING, Feb. 12 (Xinhua) — China’s new yuan-denominated loans hit 2.9 trillion yuan (about 458.2 billion U.S. dollars) for January, 867 billion yuan more than the same period a year earlier and a record high, according to central bank data.

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BEIJING—Chinese banks logged a record amount of new loans in January, as the government’s effort to contain financial risks caused a shift toward traditional.

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A cashier at a bank in Taiyuan, Shanxi province, counts renminbi notes. [Photo by Zhang Yun/China News Service] BEIJING – China’s new yuan-denominated loans hit 2.9 trillion yuan ($458.2 billion) for January, 867 billion yuan more.

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China’s banking regulator has introduced new measures to increase scrutiny on investments in commercial lenders and tighten regulation on the entrusted loans.

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BEIJING (Reuters) – China’s banks extended a record 2.9 trillion yuan (US$458.3 billion) in new yuan loans in January, blowing past expectations and nearly five times the previous month as policymakers aim to sustain solid economic.

A cashier at a bank in Taiyuan, Shanxi province, counts renminbi notes. [Photo by Zhang Yun/China News Service] BEIJING – China’s new yuan-denominated.

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BEIJING – China’s new yuan-denominated loans in January hit 2.9 trillion yuan (about $458.2 billion), 867 billion yuan more than the same period a year earlier and a record high, central bank data showed Monday. The M2, a broad.

China’s banks extended a record 2.9 trillion yuan ($458.3 billion) in new yuan.

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China’s banks extended a record 2.9 trillion yuan ($458.3 billion) in new yuan loans in January, blowing past expectations and nearly five times the previous month as policymakers aim to sustain solid economic growth while reining in debt.

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BEIJING, Feb. 12 (Xinhua) — China’s new yuan-denominated loans hit 2.9 trillion yuan (about 458.2 billion U.S. dollars) for January, 867 billion yuan more than the same period a year earlier and a record high, according to central bank data.

SHANGHAI (Reuters) – China’s banks are under pressure to keep the scale of new yuan lending constant this week as regulators try to curb loan growth ahead of.

Jan 08, 2018  · “Without the new rules, Ant Financial’s consumer loans would balloon with no limit because it can move most loans off its balance sheet by packaging.