Chinese lenders have a massive challenge: They can't lend enough

Chinese lenders have a massive challenge: They can't lend enough

From cnbc.com

Chinese commercial banks have a huge problem. With consumers and businesses gloomy about the prospects of the world’s second-largest economy, loan growth has stalled. Beijing’s stimulus push has so far not been able to spur consumer credit demand, and is yet to spark any meaningful rebound in the faltering economy. So what do banks do with their cash? Buy government bonds. Chinese sovereign bonds have seen a strong rally since December, with 10-year yields plunging to all-time lows this month, dropping by about 34 basis points, according to LSEG data. “The lack of strong consumer and business loan demand has ... (full story)

YES we are waiting for this to take profits.....thanks Chinese men.

gone are the days where they took out loans to invest in their stock market.

- Older Stories
In November 2024, French manufacturing production increases slightly (+0.2%)
From insee.fr|Jan 10, 2025
In November 2024, production increases slightly over one month in the manufacturing industry (+0.2%, after -0.1% in October 2024) and in all industry (+0.2% after -0.3%). In ...
Challenger Gold secures strategic investment, advances toll processing agreement
From miningweekly.com|Jan 10, 2025
Perth-based Challenger Gold on Friday announced the completion of a A$6.6-million strategic placement to an entity controlled by prominent Argentine businessman Eduardo Elsztain. ...
China Becomes Global Lithium Powerhouse After Major Breakthrough
From oilprice.com|Jan 9, 2025
China is now home to the world’s second-largest lithium reserves, behind only Chile, thanks to a spate of big discoveries. According to the China Geological Survey, China's ...

- Newer Stories
BOJ is said to still be mulling rate decision for Jan
From @FirstSquawk|Jan 10, 2025|8 comments
post: BOJ IS SAID TO STILL BE MULLING RATE DECISION FOR JAN post: BOJ IS SAID TO WEIGH RAISING INFLATION FORECAST ON RICE, YEN
China in contact with WHO on respiratory diseases, says foreign ministry
From channelnewsasia.com|Jan 10, 2025
In its latest report, China's Center For Disease Control and Prevention (CDC) said HMPV cases remained at high levels. That is in line with cases in other parts of the northern ...
US: What to expect from the final jobs report for 2024
From edition.cnn.com|Jan 10, 2025
In 2024, job growth continued to cool off, settling back into a familiar gait that was roughly in line with the pace of job creation in 2010-2019. Through November, the US economy ...

Related Stories