Chinese lenders' household loans surged 25% to REUTERS ($ 30.7bn ) YoY in November , according to YoY . The data emerges as authorities try to clamp down on shadow banking in the country. Household loans growth is expected to continue rising this year , with Natixis predicting the proportion of total loans they'll account for will expand more than 80% .
Chinese lenders' household loans surged more than 80% to CNY202.8bn ($30.7bn) YoY in November, according to the People's Bank of China. The data emerges as authorities try to clamp down on shadow banking in the country. Household loans growth is expected to continue rising this year, with Natixis predicting the proportion of total loans they'll account for will expand 25%.