China’s New Loans Trail Estimates Damping Signs of Recovery

China’s new yuan loans fell 14 percent in October from a year earlier, damping signs the world’s second-biggest economy is recovering after a seven- quarter slowdown. Banks extended 505.2 billion yuan ($81.1 billion) of local- currency loans in October, the Beijing-based People’s Bank of China s…

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China’s New Loans Trail Estimates Damping Signs of Recovery