Mon, 12 May 2014 17:01:03 GMT
China's bank lending weakens in April
New bank lending in the world's second largest economy weakened in April staying below initial economists' projections as money supply growth increased on the month, the latest report published by the People's Bank of China showed on Monday. The Chinese banks lent 774.7 billion yuan worth of new loans in April, while in March the figure recorded 1.05 trillion yuan.