The Gist
News and Features
Global Philippines Fine Living
Insights
INVESTMENT STRATEGY
Economy Stocks Bonds Currencies
THE BASICS
Investment Tips Explainers Retirement
Webinars
2024 Mid-Year Economi Briefing, economic growth in the Philippines
2024 Mid-Year Economic Briefing: Navigating the Easing Cycle
June 21, 2024
Investing with Love
Investing with Love: A Mother’s Guide to Putting Money to Work
May 15, 2024
retirement-ss-3
Investor Series: An Introduction to Estate Planning
September 1, 2023
View All Webinars
Downloads
economy-ss-9
Economic Updates
Quarterly Economic Growth Release: 5.4% Q12025
DOWNLOAD
investment-ss-3
Economic Updates
Policy rate views: Uncertainty stalls cuts
DOWNLOAD
grocery-2-aa
Economic Updates
Inflation Update: BSP poised for a string of rate cuts as inflation cools
DOWNLOAD
View all Reports
Metrobank.com.ph Contact Us
Follow us on our platforms.

How may we help you?

TOP SEARCHES
  • Where to put my investments
  • Reports about the pandemic and economy
  • Metrobank
  • Webinars
  • Economy
TRENDING ARTICLES
  • Investing for Beginners: Following your PATH
  • On government debt thresholds: How much is too much?
  • Philippines Stock Market Outlook for 2022
  • No Relief from Deficit Spending Yet

Login

Access Exclusive Content
Login to Wealth Manager
Visit us at metrobank.com.ph Contact Us
Access Exclusive Content Login to Wealth Manager
Search
The Gist
News and Features
Global Philippines Fine Living
Insights
INVESTMENT STRATEGY
Economy Stocks Bonds Currencies
THE BASICS
Investment Tips Explainers Retirement
Webinars
2024 Mid-Year Economi Briefing, economic growth in the Philippines
2024 Mid-Year Economic Briefing: Navigating the Easing Cycle
June 21, 2024
Investing with Love
Investing with Love: A Mother’s Guide to Putting Money to Work
May 15, 2024
retirement-ss-3
Investor Series: An Introduction to Estate Planning
September 1, 2023
View All Webinars
Downloads
economy-ss-9
Economic Updates
Quarterly Economic Growth Release: 5.4% Q12025
May 8, 2025 DOWNLOAD
investment-ss-3
Economic Updates
Policy rate views: Uncertainty stalls cuts
May 8, 2025 DOWNLOAD
grocery-2-aa
Economic Updates
Inflation Update: BSP poised for a string of rate cuts as inflation cools
May 6, 2025 DOWNLOAD
View all Reports
Economy 2 MIN READ

China’s loan danger

December 12, 2022By Reuters
Related Articles
US yields tick higher on inflation scare, two-year hits 5% April 11, 2024 Gold retreats as robust US data lifts dollar; focus on Fed May 1, 2023 Philippines' Duterte says he takes full responsibility for drugs war October 21, 2021

Dec 13 (Reuters) – As investors enter something of a holding pattern ahead of key central bank policy decisions this week, China’s markets are on the defensive after yet another indication that the country’s economic growth engine is far from purring.

New bank lending may have doubled in November from a historically low level the month before, but still fell short of analysts’ expectations. This follows surprisingly weak trade and relatively soft inflation figures last week and was enough to help push stocks and the exchange rate lower.

It was a reminder to investors that recent optimism surrounding the easing of China’s zero-COVID curbs may be a little overdone, and that the path to recovery will be extremely challenging even if economic re-opening is accelerated.

China’s ambassador to the United States said on Monday that China’s COVID-19 policy has always been “dynamic, not rigid,” adding that measures will be further relaxed in the near future and international travel to the country will become easier.

The yuan fell for only the second time in two weeks, while Shanghai stocks posted their biggest decline in two weeks. Asian stocks retreated too, and have now fallen every day bar two since Nov. 24.

The caution in Asia contrasts with the bright start to the week on Wall Street, where investors are betting that a benign reading of US November inflation on Tuesday will ensure a ‘dovish’ 50 basis point rate hike from the Fed on Wednesday.

The three main US indexes rose more than 1% on Monday, which should give Asian markets a shot in the arm first thing on Tuesday.

In truth, however, there has been little substantive move in Fed expectations for a while – the implied US terminal rate has mostly hovered within a range of 10 basis points either side of the 5.00% mark for about a month.

(Reporting by Jamie McGeever in Orlando, Fla.; Editing by Josie Kao)

 

This article originally appeared on reuters.com

Read More Articles About:
Worldwide News Philippine News Rates & Bonds Equities Economy Investment Tips Fine Living

You are leaving Metrobank Wealth Insights

Please be aware that the external site policies may differ from our website Terms And Conditions and Privacy Policy. The next site will be opened in a new browser window or tab.

Cancel Proceed
Get in Touch

For inquiries, please call our Metrobank Contact Center at (02) 88-700-700 (domestic toll-free 1-800-1888-5775) or send an e-mail to customercare@metrobank.com.ph

Metrobank is regulated by the Bangko Sentral ng Pilipinas
Website: https://www.bsp.gov.ph

Quick Links
The Gist Webinars Wealth Manager Explainers
Markets
Currencies Rates & Bonds Equities Economy
Wealth
Investment Tips Fine Living Retirement
Portfolio Picks
Bonds Stocks
Others
Contact Us Privacy Statement Terms of Use
© 2025 Metrobank. All rights reserved.

Read this content. Log in or sign up.

​If you are an investor with us, log in first to your Metrobank Wealth Manager account. ​

If you are not yet a client, we can help you by clicking the SIGN UP button. ​

Login Sign Up