Exclusive
LENDING & CREDIT | Roxanne Uy, China
view(s)

Credit slowdown lingers in China

China's lending and deposit rates remain stable, while outstanding loans still show a downtrend.

According to BBVA chief economis Alicia Garcia-Herrero, China's credit slowdown is also a supply problem in as far as banks are concerned about their assets' future quality. "China's (one year) deposit interest rate is marginally higher than inflation (3.5% versus 3.45) so a cut in rates would bring real interest rates even further down," she added.

Click here to read more.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.