- Chinese financial institutions issue about 1.27 trillion yuan of new loans in June
Market news
14 July 2015
Chinese financial institutions issue about 1.27 trillion yuan of new loans in June
According to The Wall Street Journal, Chinese financial institutions issued about 1.27 trillion yuan of new loans in June, up from 901 billion yuan in May.
The People's Bank of China said on Tuesday that Chinese lenders extended 6.56 trillion yuan of new loans in the first half of the year.
China's M2 money supply rose 11.8% year-on-year in June, up from a 10.8% increase in May.
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