New yuan loans miss forecasts, total social financing beats estimates
Updated 14:19, 13-Jul-2019

Central bank data shows that China's new yuan loans in June missed forecasts, while the broader credit measure, total social financing, outstripped expectations. The bank on Friday said new bank loans rose to a three-month high in June as a result of liquidity boosting measures. That was to tackle the weakness in the home turf and the rising U.S. trade pressure.