Chinese New Yuan Loans (Dec) 910B vs. Exp. 800B (Prev. 390B)

China's new yuan loans for December significantly exceeded expectations, coming in at 910 billion versus a forecast of 800 billion and a prior of 390 billion.

Newsquawk StaffPublished On the live feed at 4 more headlines followed before this page went public
Newsquawk headlinesUTC

PBoC cuts the one-year relending facility rate to 1.25% (prev. 1.50%), to increase tech innovation quotas by CNY 400bln to CNY 1.2tln

China's Ministry of Commerce announces plan to foster new drivers of foreign trade, providing targeted support to offer stability and improve business confidence and expectation

Chinese New Yuan Loans (Dec) 910B vs. Exp. 800B (Prev. 390B)

China's PBoC Deputy Governor announces plans to release a series of monetary and financial measures

Chinese Total Social Financing (Dec) 2210B vs. Exp. 2000B (Prev. 2490B)

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

This strong increase suggests robust lending activity that could support economic growth, indicating a potentially positive outlook for China’s economy in the near term. Market participants might see this as reinforcing the case for continued policy support, impacting rate expectations and risk sentiment globally.

Related headlines

The whole workspace, free to try.

Try it free