HSI1 26,104.75 +232.43 36.85B
HSCEI1 8,754.46 +82.85 13.23B
Back    Zoom +    Zoom - Block Traded
G Sachs Cuts CN 2026 Full-Yr Total Social Financing Growth to 8.5%
2026-04-14 17:48:54
China's credit data for March came in below market expectations due to weaker-than-expected bank loan issuance, Goldman Sachs' research report said.

After seasonal adjustment, shadow banking credit also declined from February. The slowdown in lending was broad-based, with both household and corporate loan expansion decreasing YoY. On a YoY basis, money supply growth slowed from February, possibly related to a moderation in the pace of fiscal spending.

In light of softer-than-expected credit growth in China yesterday (13th), Goldman Sachs lowered its forecast for China's 2026 full-year total social financing growth to 8.5% YoY, compared to the previous forecast of 8.8% YoY.
~



AAStocks Financial News
Web Site: www.aastocks.com