New loans may reach 6.5t yuan in first half
By Wang Bo and Zhang Ran | China Daily | Updated: 2009-06-23 08:01
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Workers install electric poles at the Jiujiang bridge section of the Beijing-Kowloon electric railway. New loans in the first six months are set to hit 6.5 trillion yuan, with a big portion going to the infrastructure construction projects. Xinhua |
China's new lending is expected to remain strong in next few months, with no signs of a slowdown. Analysts expect new yuan loans in June to probably exceed the level of May, with total new credit in the first half expected to touch 6 or 6.5 trillion yuan.
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