China's Outstanding Yuan Loans Grow at Softer Pace in May

MT Newswires Live

Jun 15

China's outstanding yuan loans grew 5.5% year over year at the end of May to 281.02 trillion yuan, according to data from the People's Bank of China (PBOC) released on Friday.

The pace of expansion was softer than the 5.6% growth recorded in the previous month. The latest print was in line with the consensus forecast tracked by Investing.com.

The outstanding balance of yuan and foreign currency loans at the end of May rose 5.4% year over year to 284.79 trillion yuan, also slowing from the 5.5% increase in April.

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The latest print was in line with the consensus forecast tracked by Investing.com.</p><p>The outstanding balance of yuan and foreign currency loans at the end of May rose 5.4% year over year to 284.79 trillion yuan, also slowing from the 5.5% increase in April.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PBOC","symbol_name":"PGIM S&P 500 Buffer 20 ETF - October","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2643522849","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2643522849","pubTimestamp":1781480458,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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