China Bank Lending Cools

Lending by State owned banks is an important source of aggregate demand. With lending both down and front loaded, a moderate first half could be a prelude to a very weak second half. China‚Äôs Bank Lending Cools, Easing Overheating Risks April 12 (Bloomberg) — Chinese banks extended a less-than- estimated 510.7 billion yuan ($74.8 billion) […]