FX.co ★ China's Loan Growth Eases Slightly in October Amid Economic Adjustments

In October 2025, China's outstanding loan growth showed a marginal decline, adjusting to 6.5% from September's 6.6%, according to the latest economic data updated on 13 November 2025. Comparing year-over-year performance, the current figures suggest a slight reduction in the momentum of loan expansion as China navigates through its economic dynamics.

The shift from September to October marks cautious lending tendencies among financial institutions amid ongoing adjustments in economic policies. Despite the slight dip, the overall growth remains in positive territory, indicating persistent, albeit moderated, support from the banking sector for economic activities across the country.

This subtle deceleration in loan growth could reflect evolving growth strategies among banks, possibly in response to regulatory measures or adjustments in credit risk assessments, pointing to a deliberate balance between growth stimulation and economic stability. As observers track these developments, the focus remains on whether this moderation is a temporary recalibration in response to external pressures or the onset of a more cautious lending approach by Chinese financial institutions.