Loan Demand
The index gauging the overall demand for loans stood at 59.5 percent in the fourth quarter (Q4) of 2022, up 0.5 percentage points compared with Q3, the People’s Bank of China said on December 27, 2022, when citing the results of a survey among senior management of some 3,200 banking institutions.
The survey revealed loan demand in the manufacturing, wholesale, retail, and real estate sectors all edged up in Q4.
Financial data from the central bank released earlier showed the country’s corporate sector saw growing demand for credit in November,
