Photo: CFP
Foreign Banks in China
Market, page 20
During the first half of this year, foreign banks working in China witnessed a downturn in their loan business, however, at the same time, there was a huge growth in the number of loans being issued by domestic Chinese banks. Publicly available data revealed that up to 7.37 trillion yuan of additional loans were issued in the first half of this year. However, the EO learned that additional loans issued by foreign banks in China during the same period decreased by 32.7 billion yuan when compared with last year.
Original Article: [Chinese]