A number of financial institutions and investment banks in China have predicted that China's new loans in June this year will total about RMB 550 billion ($84.6 billion), as reported by Shanghai Securities News. In addition, new loans in China in the first half of the current year are expected to be kept under RMB 4 trillion ($615.4 billion).
It is also estimated that new loans in China for the whole of the current year will be less than RMB 7.5 trillion ($1.1538 trillion). With activity in housing construction in China due to increase in the second half of the year, demand for credit will increase, causing greater tightness in credit supply.