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China Bank Lending Rises More Than Expected

Por: RTTNews Business April 11, 2023

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China's bank lending grew more than expected in March signaling more investment, official data revealed Tuesday.Banks extended CNY 3.89 trillion in March from CNY 1.81 trillion in February, the People's Bank of China reported. This was well above economists' forecast of CNY 3.23 trillion. Total social financing, increased to CNY 5.38 trillion in March from CNY 3.16 trillion in the previous month. This was also better than... + full article



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