Bank loans reached 130,000 CNY bil in 2017 in China, according to the National Central Bank. This is 11.5 % more than in the previous year.
Historically, bank loans in China reached an all time high of 130,000 CNY bil in 2017 and an all time low of 16,977 CNY bil in 2003. When compared to China's main peers, bank loans in India amounted to 88,362 INR bil, 502,494 JPY bil in Japan, 48,542 RUB bil in Russia and 9,857 USD bil in USA in 2017.
China has been ranked 7th within the group of 100 countries we follow in terms of bank loans, 2 places above the position seen 10 years ago.
A bank loan is a type of debt.