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<Econ>PBOC: CN 2M25 New Loans RMB6.14T, vs RMB6.38T in Consensus
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The People’s Bank of China (PBOC) released data showing that RMB loans increased by RMB6.14 trillion in 2M25, trailing market expectations of RMB6.38 trillion. In January alone, the increase was RMB5.13 trillion. By segment, household loans grew by RMB54.7 billion, with short-term loans reducing by RMB323.8 billion and medium- to long-term loans rising by RMB378.5 billion; corporate loans surged by RMB5.82 trillion, comprising RMB2.07 trillion in short-term loans and RMB4 trillion in medium- to long-term loans. AAStocks Financial News |
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