News Snapshot:
FILE PHOTO: People wearing face masks walk past a bank, where the Chinese national flag flies at half-mast in Beijing as China holds a national mourning for those who died of the coronavirus disease (COVID-19), on the Qingming tomb-sweeping festival, April 4, 2020. REUTERS/Tingshu Wang Reuters By Judy Hua and Kevin Yao BEIJING (Reuters) -New bank lending in China tumbled in April from the previous month as the COVID-19 pandemic jolted the economy and weakened credit demand, central bank data showed on Friday, after it pledged to step up support to ward off a sharper slowdown. Chinese banks extended 645.4...
