Source: Reuters (via feed)
Chinese banks likely extended significantly more new loans in March than in February. This is according to a Reuters poll released on Thursday. The increase in lending was driven by improved credit demand and a seasonal rebound.
The poll did not provide specific loan volumes or growth rates. It also did not include details about the types of loans or sectors receiving credit.
BizTrendWire Insight:
Lending data from banks reflects changes in credit activity, which can affect business financing conditions.
Lending data from banks reflects changes in credit activity, which can affect business financing conditions.
