TOKYO / WAM The Japanese government approved a plan to enhance the disaster resilience of ...
Read More »China’s banks extend record loans as firms borrow more
Bloomberg Chinese banks extended a record amount of new loans in January after authorities prodded them to lend more to businesses, though consumer borrowing remained subdued. Financial institutions offered 4.9 trillion yuan ($719 billion) of new loans last month, higher than the 4.2 trillion yuan estimated by economists, and compared with a record 3.98 trillion yuan a year ago. ...
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