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CNY bearish: China’s confidence plummets as outstanding loans hit record low
- China's outstanding loans dropped from a 9.6% rise in April 2024 to 9.3% in May.
- 9.3% is the lowest figure ever recorded for the country’s monthly outstanding loans data.
- Also out today, China's new yuan loans amounted to 950 billion yuan, less than half the 2250 billion expected.
June 14, 2024
Developing nations to get World Bank data boost
March 25, 2024