China's bank lending rises to 4-year high in January

Source: RTT News
© Scanpix/RS
Bank lending in the Asian largest economy increased on January rising to the highest level in four years, however the figure raised concerns over quality of lending and high credit growth, the People's Bank of China revealed in a report on Monday. The report showed that China's banks lent 1.32 trillion yuan in January higher from December's level of 482.5 billion.

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