1 of 1
Story summary
- Banks extended yuan loans to 520 billion CNY in May 2026, down from 623 billion CNY a year earlier.
- Household loans fell for a second month while bill financing lifted non-financial firm lending, signaling weak demand.
- The People’s Bank of China curbed interbank lending after long-term corporate loans fell and money-market rates dropped sharply.
- Analysts said ample liquidity and low financing costs alone may not revive credit demand without stronger fiscal spending.
