News X
15 Jun 2017
Chinese New Bank Lending Expands in May
Economy
Chinese banks issued 1.11 trillion yuan of new loans in May. This was up slightly from April and compares with 0.99 trillion yuan of new lending in the same month last year, according to the People’s Bank of China. New bank lending totalled 6.43 trillion yuan in January-May, up by 5% on the same period in 2016.