China Dec new loans 584.4 bln yuan, far below expectations

Chinese banks extended 584.4 billion yuan ($90.28 billion) in net new yuan loans in December, far below analysts� expectations.

Analysts polled by Reuters had predicted new yuan loans of 1 trillion yuan, down from November�s 1.12 trillion yuan.

Broad M2 money supply in December grew 8.2 percen…