Chinese banks made ¥623.2B in new loans in September, below expectations for ¥650B, and...

|By:, SA News Editor

Chinese banks made ¥623.2B in new loans in September, below expectations for ¥650B, and down from ¥704B in August. One analyst - not for a second pondering the absurdity of the central bank micromanaging the amount of loans each month in a massive economy - thinks it's a sign of Beijing tapping on the brakes a hair after the big August number.