www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

left corner left corner
China Daily Website

Deleveraging eases loan growth

Updated: 2013-11-12 01:13
By GAO CHANGXIN in Shanghai ( China Daily)

Deleveraging eases loan growth

China's total social financing aggregate, a broad measure of liquidity in the economy, was 856.4 billion yuan in October, compared with 1.4 trillion yuan the month before. [xie zhengyi / for china daily]


New loans grew at the slowest pace in 10 months in October amid government efforts to deleverage and restructure the economy.

The deceleration was reported by the central bank on Monday as the country's top leaders held a meeting in Beijing that's expected to yield a new economic path for the nation.

Banks extended 506.1 billion yuan ($83 billion) in new yuan-denominated loans in October, less than the market consensus of 600 billion yuan, as well as the 787 billion yuan in new loans in September.

Deleveraging eases loan growth

Broad M2 money supply expanded by 14.3 percent year-on-year, the People's Bank of China said in a statement. That rate was exactly in line with the forecast in a Reuters poll.

Zhou Hao, an economist at the Australia and New Zealand Banking Group Ltd, said the low loan growth rate last month reflected the central bank's efforts to curb off-balance sheet activities.

The central bank's efforts "won't hurt the real economy", said Zhou.

Loan growth will remain low for the final two months of the year as the PBOC maintains its monetary stance, he added. Lending growth for the full year will still be high, given the rapid expansion in the first half.

"We note that the authorities have recently signaled a more hawkish policy stance," Jian Chang, a Barclays Plc analyst, wrote in a research note.

The PBOC third-quarter monetary policy report, released on Nov 5, reiterated the bank's hawkish monetary stance, saying that "the foundation for price stability is not solid" and "upward pressure on prices persists".

Jian wrote that it is consistent with Barclays' long-standing view that the PBOC should start to tighten liquidity as growth stabilizes, given rapid credit expansion and total financing growth in the first half of the year.

The GDP growth target of 7.5 percent will be met despite tighter monetary policies, said Zhou, because industrial activity has picked up recently.

Previous Page 1 2 Next Page

 
8.03K
 
...
主站蜘蛛池模板: 欧美一级毛片一级毛片 | 欧美a大片欧美片 | 福利视频美女国产精品 | 国产免费一区二区三区在线观看 | 一级毛片在线免费看 | 国产1级片 | 亚洲精品91香蕉综合区 | 在线观看二区三区午夜 | 国产1000部成人免费视频 | 黄色大片三级 | 久久久久亚洲 | 99精品视频一区在线观看miya | 亚洲成人在线视频播放 | 成年人免费视频网站 | 男人透女人超爽视频免费 | 午夜综合网 | 亚洲一区二区三区在线 | 国产一级毛片午夜福 | a天堂中文在线官网 | 国产成人精品精品欧美 | 国产精品大全国产精品 | 国产精品色综合久久 | 国产不卡影院 | 久久久久欧美精品 | 足恋玩丝袜脚视频免费网站 | 天堂视频免费看 | 久久久国产精品网站 | 精品一区二区三区视频 | 九九九热在线精品免费全部 | 国产成人精品午夜视频' | 国产三香港三韩国三级不卡 | 有码视频在线观看 | 久久中文字幕乱码免费 | 毛片成人永久免费视频 | 国产91免费在线 | 亚洲成a v人片在线看片 | 在线亚洲播放 | 性感美女香蕉视频 | 欧美一级淫片免费播放口 | 99久久香蕉| 亚洲综合91社区精品福利 |