China bank lending rebounds strongly in March

China's bank lending posted a strong rebound in March, according to central bank figures released on Friday, boosting liquidity in the world's second largest economy. The latest figure beat a median forecast for 1.1 trillion yuan in a survey by Bloomberg News. China's gross domestic product (GDP) grew 6.7 percent in the first quarter of this year, the government said on Friday, meeting market expectations though still the slowest quarterly expansion in seven years.