China's outstanding yuan loan increased 12.3 percent from a year earlier in December 2019, compared to 12.4 percent growth in November and market expectations of 12.4 percent.
Loan Growth in China averaged 15.88 percent from 1998 until 2019, reaching an all time high of 34.44 percent in June of 2009 and a record low of 10.60 percent in February of 2002. This page provides - China Outstanding Loan Growth - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: People's Bank of China
Loan Growth in China is expected to be 13.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Loan Growth in China to stand at 12.40 in 12 months time. In the long-term, the China Outstanding Yuan Loan Growth is projected to trend around 12.00 percent in 2020, according to our econometric models.