BEIJING China's economy is expected to cool further this year as domestic demand weakens and exports are hit by U.S. tariffs, a Reuters poll showed on Thursday, reinforcing views Beijing will need to roll out more stimulus measures.
BEIJING Chinese banks extended far more new loans in December than expected, bringing last year's tally to a record $2.4 trillion as Beijing scrambles to help cash-starved companies and ease mounting pressure on the weakening economy.
* Reviving weak credit growth key to steady cooling China
BEIJING China's central bank said on Friday it was cutting the amount of cash that banks have to hold as reserves for the fifth time in a year, freeing up $116 billion for new lending as it tries to reduce the risk of a sharp economic slowdown.
BEIJING China's factory activity contracted for the first time in over two years in December, highlighting the challenges facing Beijing as it seeks to end a bruising trade war with Washington and reduce the risk of a sharper economic slowdown in 2019.
BEIJING China's November retail sales grew at their weakest pace since 2003 and industrial output rose the least in nearly three years as the economy lost further momentum, heaping pressure on Beijing to defuse its trade dispute with the United States.
BEIJING China's credit growth slowed sharply in October, despite pressure by regulators on banks to help keep cash-starved companies afloat, pointing to further weakening in the economy in coming months.
* Policy easing so far not turning around lending-analyst
BEIJING China reported much stronger-than-expected exports for October as shippers rushed goods to the United States, its biggest trading partner, racing to beat higher tariff rates due to kick in at the start of next year.
BEIJING, Oct 17 China's new bank loans rebounded
in September after dipping in the two previous months, central
bank data showed, but overall credit conditions stayed tight in
an economy chilled by an ongoing tariff war with the United