Legal analysis: China's bank loan application can be cancelled halfway, but only at a certain stage. This stage is before the loan. If the loan is under review, it is necessary to negotiate with the account manager to terminate the loan. Of course, if the loan has been approved and issued, it is necessary to be prepared for repayment.

Legal basis: Article 673 of the Civil Law of People's Republic of China (PRC) (hereinafter referred to as the Civil Law) states that if the borrower fails to use the loan according to the agreed purpose, the lender may stop issuing the loan, recover the loan in advance or terminate the contract.