China’s domestic loan growth lagged expectations in September, underscoring subdued demand despite stronger government bond sales boosting overall credit figures. Financial institutions issued 1.6 tln yuan in new loans last month, below the forecast of 1.9 tln yuan. Aggregate financing rose by 3.8 tln yuan, slightly down from 4.1 tln yuan in the same period last year, reflecting ongoing challenges in stimulating domestic consumption.