EconomyChina’s July bank lending set to plunge on weak demand and seasonal slowdown: Reuters poll
China’s new bank lending is expected to fall sharply in July, according to a Reuters poll of 20 economists. The survey puts likely issuance at 45 billion yuan, or $6.67 billion. That would be a steep decline from 1.61 trillion yuan in June. Economists attributed the drop to subdued credit demand and lending brought forward ahead of the quarter-end in June.
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Reuters★★★☆☆2026-08-07 12:25Original
China’s July bank lending set to plunge on weak demand and seasonal slowdown: Reuters poll
Economy