April 16, 2024
Loans

China February new bank loans dip more than expected, lending growth at record low

Chinese national flags flutter at Tian’anmen Square ahead of the annual two sessions on Feb. 29, 2024 in Beijing, China. New bank lending in China fell more than expected in February from a record high the previous month, even as the central bank seeks to spur sluggish economic growth and fight deflationary pressures. Vcg |

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