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Monday, 17 February 2014 - 7:14
China bank lending surges in January.
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China's bank lending surged in January from December, the central bank said, but analysts attributed the rise to seasonal factors.

Loans by Chinese banks reached around 1.3 trillion yuan in January, up 246.9 billion yuan from the same month a year ago.

In December, banks granted just 482.5 billion yuan in new loans, previous figures showed.

 
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