
China’s January Lending Surge Signals Economic Momentum
China’s yuan loans surged by $706.7B in January as key financial indicators point to economic stabilization efforts and strategic growth planning.
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China’s yuan loans surged by $706.7B in January as key financial indicators point to economic stabilization efforts and strategic growth planning.
China’s yuan-denominated loans rose by 16.02 trillion yuan ($2.27 trillion) in the first three quarters, signaling strong financial growth.
China’s yuan-denominated loans surged by $1.89 trillion in the first seven months of 2023, reflecting significant growth in the country’s money supply despite a decline in social financing.
China’s yuan-denominated loans surged by $1.86 trillion in H1 2024, driven by a booming manufacturing sector and external demand, according to central bank data.
The Chinese mainland’s yuan-denominated loans surged by ¥10.19 trillion in early 2024, reflecting significant support for the real economy and growth.
China’s banks extended $1.3 trillion in new yuan loans in Q1 2024, with M2 rising 8.3% year-on-year, signaling economic growth.