China New Loans Shrink to Least in Seven Years as Demand Weakens
Chinese banks extended the smallest amount of new loans since 2018 last year while credit expansion slowed in December, in a reflection of sluggish demand from borrowers that’s weighing on...
By John Liu, Yujing Liu · Bloomberg Markets
Chinese banks extended the smallest amount of new loans since 2018 last year while credit expansion slowed in December, in a reflection of sluggish demand from borrowers that’s weighing on growth.