New bank loans in China contracted last month for the first time in 20 years, new data released on Aug. 13 show. In July, new yuan loans declined by 50 billion yuan ($6.97 billion), following the 2.24 trillion yuan ($312.2 billion) increase in June. ThisRead more https://www.theepochtimes.com/business/china-first-monthly-drop-in-new-bank-loans-since-2005-post-5900808