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China's July new loans drop to 533 bln yuan
http://www.toocle.com/ 2010-08-12 08:17:14 CNTV.CN
The People's Bank of China says Chinese banks extended 532.8 billion yuan in new loans in July. The figure was lower than June's figure of 603 billion yuan, and also lower than the median forecast by economists of 600 billion yuan.
The government aims to limit new loans this year to 7.5 trillion yuan, after banks in 2009 made a record 9.6 trillion yuan in new lending.
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