BEIJING New bank loans in China fell more than expected to the lowest in 22 months in October, but the drop was likely due to seasonal factors and policymakers are still expected to ramp up support for the cooling economy in coming months.
BEIJING China's new bank loans are expected to fall in October from the six-month high they reached in September, but the drop was probably caused by seasonal factors, as the central bank eases policy to prop up the slowing economy, a Reuters poll showed.
BEIJING/SINGAPORE China's Communist Party leaders will on Monday start their most important meeting this year, with President Xi Jinping expected to champion the Chinese model of governance while fighting protracted economic and political crises at home and abroad.
BEIJING China's third-quarter economic growth slowed more than expected and to its weakest pace in almost three decades as the bruising U.S. trade war hit factory production, boosting the case for Beijing to roll out fresh support. | Video
BEIJING China's property investment stayed buoyant in September, boosted by a rise in new construction activity, underlining hopes that resilience in the sector will help cushion a broader slowdown in the world's second-largest economy.
BEIJING China is expected to post its weakest economic growth in at least 27-1/2 years on Friday, raising pressure on Beijing to roll out more stimulus to counter the effects of a costly trade war with the United States.
BEIJING China's economic growth is expected to slow to a near 30-year low of 6.2% this year and cool further to 5.9% in 2020, a Reuters poll showed, underlining the stiff challenge faced by Beijing even as it steps up stimulus amid a bruising Sino-U.S. trade war.
BEIJING China's banks extended more new yuan loans than expected in September, as policymakers ramped up support to stabilize the slowing economy during a bruising trade war with the United States.
BEIJING China hopes Beijing and Washington will resolve their trade dispute "with a calm and rational attitude", Vice Commerce Minister Wang Shouwen said on Sunday, ahead of talks in two weeks between the two sides. | Video