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Outstanding loans of Chinese financial........>

CHINA
CHINA: Outstanding loans of Chinese financial institutions rose 13.1% y/y/ to
CNY117.8 trillion in the third quarter, a rise of 0.2 percentage points over the
second quarter, the People's Bank of China said in a report on Friday. Loan
growth to the property sector continued to fall in the third quarter, while
medium- and long-term loans to non-financial institutions saw an acceleration,
the report said. As of the end of September, outstanding yuan-denominated loans
to the property sector had risen 22.8% year-on-year to CNY31.1 trillion, down
1.4 percentage points compared with the end of the second quarter, the PBOC
said. Outstanding mortgage loans increased 26.2% to CNY21.1 trillion, down 4.6
percentage points from the end of June. Outstanding medium- and long-term loans
to non-financial institutions grew 16.7% to CNY45.1 trillion from July to
September, up 1.6 percentage points from the end of the second quarter, the PBOC
said.

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