China new bank loans slow further in the first quarter this year

Investinglive
2026.04.13 09:15
portai
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New yuan loans in March totaled ¥2.99 trillion, falling short of the ¥3.4 trillion estimate, leading to a total of ¥8.6 trillion in Q1 2026, down from ¥9.8 trillion in Q1 2025. This decline is disappointing, especially as the first quarter typically sees a credit boost in China. The situation may reflect a shift in Beijing's focus towards curbing financial risks, with reduced efficiency in credit absorption amid rising energy prices affecting households and businesses.