7 Hrs
Source:
المشهد العربي
China's credit growth slowdown 2026
China experienced a significant slowdown in credit growth during the first half of 2026, with total new loans dropping to 10.72 trillion yuan compared to 12.92 trillion yuan in the same period of 2025, despite efforts to stimulate the economy. In June, new loans reached 1.61 trillion yuan, which was below the expectations of two trillion yuan. Additionally, the growth of the money supply (M2) was 8% year-on-year, falling short of the projected 8.5%. This reflects a continued weak demand for financing and the repercussions of the real estate sector crisis, putting pressure on the world's second-largest economy.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)