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PBOC: Jan Aggregate Financing to Real Econ (Flow) RMB7.06T, Higher than Mkt Consensus
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In January 2025, the aggregate financing to real economy (flow) amounted to RMB7.06 trillion, ahead of the market consensus of RMB6.5 trillion, RMB583.3 billion more than that in the same period of 2024, according to data released by the People's Bank of China (PBOC).

Of which, RMB loans to the real economy increased by RMB5.22 trillion, a YoY increase of RMB379.3 billion, while foreign currency loans to the real economy dropped by RMB39.2 billion, a YoY decline of RMB138.1 billion.

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