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China's June New Yuan Loans Beat Forecast After Stimulus and Trade Truce
Chinese banks extended 2.24 trillion yuan ($312 billion) in new loans in June, more than triple May's total, and beating analysts' forecasts, helped by stimulus measures and a trade truce with the United States. Analysts polled by Reuters had predicted new yuan loans would reach 1.8 trillion yuan in June after 620 billion yuan in May. In the event, it also surpassed last June's 2.13 trillion yuan. The People's Bank of China does not provide monthly breakdowns, but Reuters calculated the June figure by comparing January-June data with the January-May figure. Annual growth of outstanding total social financing (TSF), a ... (full story)
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- Jul 14, 2025 8:05am Posted byFundamental Analysis24,718
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