Latest news with #credit expansion
Bloomberg
6 days ago
- Business
- Bloomberg
China's New Loans Plunge to Lowest Since 2007 as Demand Weakens
China's credit expansion rebounded less than expected in July from a year ago with a key loan gauge falling to the lowest since 2007, despite the boost from a surge in government bond sales. Banks are usually in no rush to meet their quarterly loan targets in July, putting the brakes on financing activity. A year ago, bank credit to the real economy contracted for the first time since 2005, as domestic demand slumped with the economy caught in a deflationary cycle.
Bloomberg
14-07-2025
- Business
- Bloomberg
China Credit Growth Tops Forecasts on Seasonal Boost, Bond Sales
China's credit expansion accelerated more than expected in June, helped by a seasonal boost in loan extension as well as heavy government bond issuance. June is usually a month of strong credit expansion because banks are motivated to lend out more loans to meet their quarterly targets. This year, the government has also sold more bonds earlier in the year, contributing to overall financing growth.
