---
title: "China New Yuan Loans Fell in April"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286394830.md"
description: "Chinese new bank loans fell by 10 billion yuan ($1.5 billion) in April, indicating weak credit demand, as borrowers repaid more than banks extended. This was significantly lower than the expected 325 billion yuan. Total social financing dropped to 620 billion yuan from 5.23 trillion yuan in March. Meanwhile, M2 money supply increased by 8.6% year-on-year, slightly above the anticipated 8.5%."
datetime: "2026-05-14T10:01:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286394830.md)
  - [en](https://longbridge.com/en/news/286394830.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286394830.md)
---

# China New Yuan Loans Fell in April

Chinese new bank loans shrank in April, official data showed on Thursday, reflecting persistent weakness in credit demand.

New loans declined by 10 billion yuan, equivalent to $1.5 billion, in April, according to calculations by The Wall Street Journal based on data from the People's Bank of China. The drop indicates borrowers repaid more than banks extended during the month.

That was well below the 325 billion yuan new loans expected by economists in a Wall Street Journal survey.

Total social financing, a broad measure of credit that includes non-bank financing, stood at 620 billion yuan in April, down sharply from 5.23 trillion yuan reported in March, according to the official data.

M2, the broadest measurement of money supply, rose 8.6% on year in April, higher than the 8.5% anticipated by polled economists.

Write to Singapore Editors at singaporeeditors@dowjones.com

(END) Dow Jones Newswires

May 14, 2026 05:52 ET (09:52 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

### Related Stocks

- [000001.CN](https://longbridge.com/en/quote/000001.CN.md)
- [399001.CN](https://longbridge.com/en/quote/399001.CN.md)
- [000300.CN](https://longbridge.com/en/quote/000300.CN.md)

## Related News & Research

- [China April Retail Sales +0.2% y/y (exp 2%) & Industrial Prduction +4.1% y/y (exp 5.9%)](https://longbridge.com/en/news/286699672.md)
- [New Home Prices Rise, Hold Steady in Five More Major Chinese Cities in April](https://longbridge.com/en/news/286849542.md)
- [China's property investment extends decline in January-April](https://longbridge.com/en/news/286699189.md)
- [China economy slows sharply as investment returns to contraction](https://longbridge.com/en/news/286707036.md)
- [China new home prices fall at slowest monthly pace in a year in April](https://longbridge.com/en/news/286697169.md)