China's total social financing (TSF), a broad measure of credit and liquidity in the economy, went down to CNY 0.91 trillion in October 2022 from CNY 3.53 trillion in the previous month and below market expectations of CNY 1.60 trillion. Growth of outstanding total social financing slowed to 10.3 percent in October from 10.6 percent in September. TSF includes off-balance-sheet forms of financing that exist outside the conventional bank lending system, such as initial public offerings, loans from trust companies and bond sales. source: People's Bank of China
Loans to Private Sector in China averaged 12846.00 CNY HML from 2002 until 2022, reaching an all time high of 61693.00 CNY HML in January of 2022 and a record low of -974.00 CNY HML in October of 2005. This page provides - China Loans To Private Sector - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Total Social Financing - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.
Loans to Private Sector in China is expected to be 32000.00 CNY HML by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Total Social Financing is projected to trend around 33000.00 CNY HML in 2023 and 40000.00 CNY HML in 2024, according to our econometric models.