Colosseum a.s. (Colosseum a.s.)
Commodities  |  September 11, 2012 14:16:28

Credit activity in China is growing

ColosseumChina's central bank said today that in August the country were granted new loans in a volume of 704 billion Juan (111 billion dollars). Figure significantly surpassed the expectations of analysts at Juan's 600 billion and 540 billion júlových Juan. The total volume of financing provided by banks including mimobilančných items have increased by 16% year on year to 1.24 trillion Juan. More money in the economy should promote economic growth. In the coming months would be a credit activity could contribute to increasing mainly through extensive nationals stimulačným to projects.

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