New loans may reach 6.5t yuan in first half

By Wang Bo and Zhang Ran | China Daily | Updated: 2009-06-23 08:01

Workers install electric poles at the Jiujiang bridge section of the Beijing-Kowloon electric railway. New loans in the first six months are set to hit 6.5 trillion yuan, with a big portion going to the infrastructure construction projects. Xinhua

China's new lending is expected to remain strong in next few months, with no signs of a slowdown. Analysts expect new yuan loans in June to probably exceed the level of May, with total new credit in the first half expected to touch 6 or 6.5 trillion yuan.