Chinese Bank Loans Fell first time in almost 20 years, as Nigeria’s Inflation Rate Drops

The Chinese banking sector has experienced a notable shift, as recent data indicates a decline in new bank loans for the first time in nearly two decades. This development is significant as it reflects broader economic trends and policy measures within the country. In October 2023, Chinese banks extended 738.4 billion yuan in new yuan [...]The post Chinese Bank Loans Fell first time in almost 20 years, as Nigeria’s Inflation Rate Drops appeared first on Tekedia.

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