China July new bank loans 385.2 bln yuan, well below forecast

Chinese banks made 385.2 billion yuan ($62.53 billion) worth of new yuan loans in July, slowing sharply from the previous month and well below market forecasts, central bank data showed on Wednesday. Banks had been expected to extend 727.5 billion yuan of new loans, according to a Reuters poll, d…

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China July new bank loans 385.2 bln yuan, well below forecast

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