FILE PHOTO: Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee BEIJING (Reuters) – Chinese banks extended 1.14 trillion yuan ($165.45 billion) in new yuan loans in December, down slightly from November and falling short of analysts’ expectations.
Analysts polled by Reuters had predicted new yuan loans would fall to 1.194 trillion yuan in December, from 1.39 trillion yuan in the previous month and compared with 1.08 trillion yuan a year earlier.
Modelo russian gigi
Broad M2 money supply in December grew 8.7% from a year earlier, central bank data showed on Thursday, above estimates of 8.3% and quickening from 8.2% growth in November.
Modelo gigi russian
Outstanding yuan loan grew 12.3% from a year earlier compared with 12.4% growth in November. Analysts had expected 12.4%.
Model russian gigi
The central bank is widely expected to keep its policy supportive despite recent signs of improvement in the economy as Sino-U.S. trade tensions ease. Economic growth cooled to 6% in the third quarter, the slowest in nearly 30 years.
model gigi russian
Reporting by Judy Hua and Kevin Yao; Editing by Kim Coghill