China: Credit indicators suggest tighter conditions

New yuan loans totalled CNY 483 billion (USD 80 billion) in December, which was well below the CNY 625 billion recorded in the previous month and marked a year-low. The print undershot market expectations of loans totalling CNY 570 billion. In the full year 2013, new yuan loans totalled CNY 8.9 trillion, which was up from the USD 8.2 trillion recorded in 2012.

Read more about Chinese Money.

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