The Gold Standard | China loans – (2)

Just few days ago, TGS blogged on the news item that, by the middle of May, the four big China banks had barely lent 34 billion yuan in new loans as of May 20th. Now, we hear that total new loans in May almost touched 800 billion yuan and that the four big banks might have lent around 250 billion yuan. Go figure. Or, is it worth trying to make sense of Chinese data, EU summits, Eurozone bailouts, G20 meetings, etc.?

DISCLAIMER: This is an archived post from the Indian National Interest blogroll. Views expressed are those of the blogger's and do not represent The Takshashila Institution’s view.