The People's Bank of China (PBOC) announced that RMB loans increased by RMB8.59 trillion in the first four months of the year. By sector, household loans decreased by RMB490.2 billion, of which short-term loans reduced by RMB610.2 billion and medium- to long-term loans grew by RMB119.9 billion; corporate loans added by RMB8.99 trillion, of which short-term loans mounted by RMB3.67 trillion and medium- to long-term loans lifted by RMB5.01 trillion.Related NewsVehicle Sales YoY for Apr in China is -2.5%, lower than the previous value of -0.6%.
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