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New lending rises to 704 bln yuan in August  

中国新增贷款超预期 实体经济仍忧“望梅止渴”

中国央行11日数据显示,中国贷款政策正变得更为“轻松”:8月份新增人民币贷款7039亿元,同比多增1555亿元。

2012-09-12 13:54 Ecns.cn     Web Editor: Gu Liping comment

Beijing (CNS) – China's new lending in August rose to 703.9 billion yuan, an increase of 155.5 billion yuan from a year earlier, according to figures released Tuesday by China's central bank.

The number beat forecasts from financial organizations at home and abroad and has been called a "positive signal" by insiders.

Yet Zhou Jingtong, a researcher with the Bank of China, said the country's economy was still trending downward.

Zhou said investment by central and local governments focused on infrastructure could relieve the tension in the manufacturing sector, but only slightly.

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中国新增贷款超预期 实体经济仍忧“望梅止渴”

中国央行11日数据显示,中国贷款政策正变得更为“轻松”:8月份新增人民币贷款7039亿元,同比多增1555亿元。

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