AI Data Insight
China's cumulative new loans for Q2 2026 (as of June) reached 10.72 trillion RMB, with an estimated 1.61 trillion RMB added in June alone, far below the market consensus of 2 trillion RMB. The data reflects that the property slump and conservative corporate investment continue to drag down credit expansion, with the market expecting the PBOC to face pressure for further easing in the short term.