China new yuan loans totaled ¥522.9B in November, trailing forecasts for ¥550B and last...

|By:, SA News Editor

China new yuan loans totaled ¥522.9B in November, trailing forecasts for ¥550B and last year's amount of ¥562.2B. M2 money supply growth was 13.9%, lower than an expected 14.1%. The slowish data combined with better-than-expected industrial output and retail sales numbers will likely keep interest rates on hold.