China’s new bank loans are expected to fall in October from the six-month high they reached in September, but the drop was probably caused by seasonal factors, as the central bank eases policy to prop up the slowing economy, a Reuters poll showed. Chinese banks are estimated to have issued 800 billion yuan ($114.45 billion) in net new yuan loans last month, down 53% from 1.69 trillion yuan in September, when they reached their highest since March, according to the median estimate in a Reuters survey of 26 economists. The forecast would still beat the average October readings since the record began in November 2010, a ... (full story)