Shafaqna English- A Friday(7 Aug 2026) survey conducted by Reuters among 20 economists indicates that China’s bank loans for July likely amounted to 45 billion yuan ($6.67 billion), representing a massive drop from 1.61 trillion yuan in June. The plunge is mainly driven by weak borrowing appetite among businesses and consumers, along with the pull-forward effect from the end of the second quarter.
The central bank, the People’s Bank of China, is expected to publish its monthly data on bank loans and money supply between August 10 and 15. In July of the previous year, China had experienced an unexpected 50 billion yuan decline in its bank lending, a figure that will likely be compared closely with the current month’s estimates.
Source: Reuters