China’s new loans in May miss forecasts, more stimulus likely – Reuters
Resume May new loans 1.36 trillion yuan versus forecast 1.6 trillion yuan May M2 money supply +11.6% y/y, versus forecast of +12.1% May TSF 1.56 trillion yuan, against forecast 2 trillion yuan C.bank promises to strengthen “counter-cyclical” policy adjustments BEIJING, Jun 13 (Reuters) – China’s new bank lending picked up in May from the previous…