Free Trial

Aggregate new lending in June may.......>

CHINA PRESS
CHINA PRESS: Aggregate new lending in June may have reached CNY1.95 trillion,
reported China Securities Daily, citing experts. 
  - In response to the PBOC's steady and slightly loose monetary policy, credit
growth remained stable in June, with a small growth from May, said Lian Ping,
chief economist of Bank of Communications, according to the Daily. 
  - Investment demands in manufacturing and real economy were strong in the
first five months, supporting a stable credit growth. 
  - The transformation from off-balance sheet financing to in-balance sheet
lending further increases the resilience of credit, according to the Daily. 

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.