UPDATE 1-China’s July new loans dip more than expected, further easing seen
China’s banks extended
surprisingly fewer new loans in July, while growth of money
supply and total social financing also slowed, raising pressure
on the central bank to ease policy further to support the
slowing economy.
surprisingly fewer new loans in July, while growth of money
supply and total social financing also slowed, raising pressure
on the central bank to ease policy further to support the
slowing economy.
Posted by Reuters