Reported 13 days ago
China's credit growth in October fell short of expectations, with a significant increase in government bond sales outpacing lending during a typically slow month for finance. Aggregate financing rose by 1.4 trillion yuan, missing economists' median forecast of 1.5 trillion yuan. Both corporate and household loan demand remained weak, indicating limited effects from recent stimulus measures, prompting the People's Bank of China to hint at further monetary easing.
Source: YAHOO