China's economy shows sluggish consumption and weak investment in May, with new bank loans falling year-on-year. Despite regulatory efforts, demand remains weak, though the tech sector is a bright spot amid innovation drives.
Buying land? Plot loans from banks like PNB Housing Finance and LIC Housing Finance can help. Eligibility requires being an Indian resident aged 21-65 with stable income and good CIBIL. Loans typically cover 75% of the price, with higher interest rates and shorter terms than home loans. Lenders prefer developed residential plots within city limits.
Italian bank loans to households and businesses rose 2.7% in April, continuing a trend from March 2025. The ABI's monthly report indicates a positive credit situation before the Iran-US war escalated, with future loan demand and GDP dynamics being key factors to watch.
Bank loans against jewellery in India surged nearly fivefold to ₹4.6 lakh crore at the end of March from ₹93,301 crore two years prior, marking 123% year-on-year growth—the fastest pace among all lending sectors. Priority sector housing loans grew 39.8% to ₹10.44 lakh crore, while personal loans rose 16.2%. Credit to agriculture, industry, and services sectors also recorded double-digit growth, whereas consumer durable loans contracted 5.3% and export credit fell 8.4%.
China's State Administration for Market Regulation announced a pilot program in seven regions (Beijing, Hebei, Jiangsu, Zhejiang, Henan, Sichuan, Guangdong) to force the exit of unprofitable zombie companies. Under a Company Law amendment, regulators can petition courts for compulsory liquidation of firms that fail to wind up voluntarily. Experts say the initiative will likely clear smaller dormant private firms but will have limited impact on larger state-linked zombies supported by local governments and banks.
