Luohu District of Shenzhen

Luohu District of Shenzhen

Brent Lewin/Bloomberg

A man holding an umbrella exits a pedestrian tunnel in the Luohu district of Shenzhen. China’s aggregate financing, the broadest measure of new credit, climbed 14 percent to 16.1 trillion yuan in the first 11 months of last year from the same period in 2012, central bank data showed.