MNI BRIEF: China July New Loans Fall First Time In Two Decades

Aug-13 10:02
PBOC

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China's new yuan loans fell by CNY50 billion in July, the first fall in the month since 2005 and reversing June's CNY2.24 trillion growth, data released on Wednesday by the People's Bank of China showed. Total social financing rose by CNY1.16 trilli...