BEIJING—New bank lending in China hit a record of 16.81 trillion yuan ($2.44 trillion) in 2019 as the central bank eased policy to support a slowing economy hobbled by weak global demand and the Sino-U.S. trade war.
People walk near skyscrapers at Lujiazui financial district in Shanghai, China on May, 16, 2019. Aly Song/Reuters
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