Chinese Loan Growth Estimated at 759bn Yuan in April


The latest survey of economists by Caixin puts Chinese lending growth in April at 759 billion yuan.

The Caixin survey involved the participation of economists from ten different financial institutions.

The highest forecast was 910 billion yuan, made by Bank of China Securities, while the lowest was 650 billion yuan from Citic Construction, for a median of 730 billion yuan.

The average estimate of M2 growth was 10.7%, with a high of 11%, a low of 10.4% and a median value of 10.8%.