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Yuan lending expansion keeps momentum

By Wei Tian ( China Daily ) Updated: 2013-02-22 07:09:25

Yuan lending expansion keeps momentum

China's credit supply maintained rapid growth in February, after reaching its fastest pace in two years in the first month of the year.

Experts said the figure - an indicator of overall liquidity - will boost confidence in a brighter economic outlook this year, but also raises concerns about a new round of over-investment.

By the end of last week, China's "big four" State-owned banks had added 250 billion yuan ($40.05 billion) in new yuan loans this month, surpassing the 180 billion yuan recorded in the whole of February last year.

Yuan lending expansion keeps momentum

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