China’s Nov new yuan loans seen rising on policy support: Reuters Poll

China's new loans are expected to have jumped in November from the previous month and exceeded the year-earlier amount, a Reuters poll showed, as the central bank works to shore up confidence and demand across the world's second-largest economy. Chinese banks are estimated to have issued 1.3 trillion yuan($181.72 billion) in net new yuan loans last month, up sharply from 738.4 billion in October, according to the median estimates of 19 economists. Last November, 1.21 trillion yuan was issued in new loans.