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The median forecast from a Caixin survey of 16 financial institutions projects 1.45 trillion yuan in new yuan loans for September
A Caixin survey shows economists expect both new yuan loans and total social financing to fall from a year earlier, reflecting sluggish household borrowing and a mismatch in government bond issuance
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The median forecast from a Caixin survey of 16 financial institutions projects 1.45 trillion yuan in new yuan loans for September

Caixin survey points to subdued financing demand amid weak investment and household borrowing

June new loans plunge nearly 30% from a year earlier as the central bank downplays raw credit volume

Strong corporate lending supports overall credit despite weak consumer demand

A jump in bill financing helped lift new yuan loans and aggregate financing, but household borrowing remained weak as consumers…

Weak household borrowing and rising bond financing underscore shifting credit dynamics in the world’s second-largest economy

China's new yuan loans rebounded in May 2026 after April's rare contraction of 10 billion yuan, the first decline since July…