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Chinese Banks Extend Record Loans in January, But Central Bank Cautions on Growth
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Chinese Banks Extend Record Loans in January, But Central Bank Cautions on Growth

Chinese banks doled out a record 4.92 trillion yuan (US$684 billion) in new loans in January, marking the highest monthly figure ever and signaling Beijing’s intent to bolster the slowing economy. This figure surpasses the previous January record of 4.9 trillion yuan and December’s much lower 1.17 trillion yuan, exceeding even analyst expectations of 4.67...