- Prior +12.0%
- New yuan loans ¥1,250.0 bn vs ¥1,480.0 bn expected
New yuan loans continue to grow at a solid pace after the record ¥13.68 trillion for the first six months of the year. The fact that money supply growth is also picking up is another sign that China is focusing quite a bit on shoring up the economy at the moment.
This article was originally published by Forexlive.com. Read the original article here.