China’s corporate loans climb on looser limits: Barclays

15 Nov 2011

The mainland’s lending surged on the back of increased mid- to long-term corporate loans, suggesting that credit control has eased and investment is picking up, says the British bank.

Rising mid- to long-term corporate lending largely underpinned an almost 25% leap in overall loan activity during October, indicating that credit tightening has eased and investments have risen, says Barclays Capital.

New renminbi loans increased 24.9% to Rmb587 billion (US$92.3 billion) in October from Rmb470 billion in the previous ...

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