BEIJING : China's new yuan loans are expected to have rebounded in May after a sharp drop in April, a Reuters poll showed, as the central bank keeps policy accommodative to support a fragile economic recovery.Chinese banks are estimated to have issued 1.60 trillion yuan ($225 billion) in net new yuan loan
BEIJING : China's new yuan loans are expected to have rebounded in May after a sharp drop in April, a Reuters poll showed, as the central bank keeps policy accommodative to support a fragile economic recovery.
The loans data could be released by the People's Bank of China anytime between now and over the next week. Economists say the government may further cut RRR and interest rates in the second half of this year to bolster the economic recovery.
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