China's new yuan loans to fall 79% in July

  • 2 months ago
China's new yuan loans to fall 79% in July

Transcript
00:00China's new yuan loans are expected to fall sharply in July, driven by seasonal factors
00:06and tepid credit demand.
00:07The estimated net new loans are around 450 billion yuan, down 79% from June's 2.13 trillion
00:16yuan.
00:17However, year-on-year lending growth may still show some stability.

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