Weak business confidence continues to weigh on China | World Business Watch | WION

Weak business confidence continues to weigh on China | World Business Watch | WION

December saw the weakest rate of loan growth in China’s history as the country’s borrowing demand is still negatively impacted by poor business confidence. The central bank said that loans denominated in Chinese yuan increased by 10.4% during the month, the smallest growth in the data going back to 2003.

#china #loan #economy #2024

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