You are here

China bank lending in Sept hits US$140b

But more monetary easing is needed to bolster weakening economy, say analysts


CHINA'S banks stepped up their lending in September, the central bank announced on Thursday, but analysts said more monetary easing was needed to bolster the weakening economy.

Domestic banks extended US$139.9 billion in new loans, the People's Bank of China (PBOC) said in

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom