Thursday, April 15, 2021
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New Renminbi Lending Approaches 3 Trillion Yuan in January

The latest official data indicates that new RMB loans hit an unprecedented high in January despite the Chinese government's ongoing deleveraging campaign, while the...

Chinese Lending Could Exceed 14 Trillion Yuan in 2018

Domestic analysts expect China to maintain stable loan growth this year, after M2 money supply growth dipped to unprecedented lows in 2017. Yan Ling (师闫),...

Lending by Chinese Banks Hit Record High for 2017 in November

Chinese banks supplied the highest monthly volume of loans for 2017 in November, despite Beijing's ongoing deleveraging campaign and efforts to contain credit expansion. Official...

M2 Money Supply Growth Hits New Low in October

Growth in China's M2 money supply continues to tap new lows as central government regulators forge ahead with their deleveraging campaign. The latest official data...

Ministry of Finance Says S&P’s Downgrade of China’s Credit Rating “Hard to Comprehend”

The Ministry of Finance has issued a strongly worded response to Standard & Poor's latest decision to downgrade China's sovereign credit rating by one...

New Chinese Lending Expected to Breach USD$152 Billion Threshold in August

Chinese analysts expect new lending to reach 1 trillion yuan (USD$152.67 billion) for August on the back of improving confidence and robust growth in...

China’s Debt Fuelled Growth Imperils Mid-Term Health for Short-Term Gain: IMF

The International Monetary Fund has said that the Chinese government's focus on shoring up short-term growth could be putting it on a "dangerous" path...

China’s Total Outstanding Debt Set to Rise to $33tn by December: Charlene Chu

One of the West's leading experts on Chinese finance says Beijing has grossly underestimated upcoming growth in the country's debt levels. Forming Fitch Ratings analyst...

Historic Low in M2 Growth Could be a “New Normal” for China

A slowdown in off-balance sheet lending by commercial banks has dragged growth in the M2 money supply to historically low levels. Data released by the...

RMB Property Loans Up 24.2% YoY in June

Chinese property loans continue to expand at a robust rate despite easing growth since the start of 2017. The latest credit data from the Chinese...

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Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...

Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...

Chinese CPI Bounces Back into Positive Territory in March

China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...

Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...