China April new bank loans tumble as COVID jolts economy

By Judy Hua and Kevin Yao

BEIJING (Reuters) -New bank lending in China tumbled in April from the previous month as the COVID-19 pandemic jolted the economy and weakened credit demand, central bank data showed on Friday, after it pledged to step up support to ward off a sharper slowdown.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.

Visit the original:
ChinaPulse.com

Comments are closed.