China Aggregate Credit Growth Surprises To The Upside In August
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China’s aggregate financing in August tripled to a larger-than-expected CNY 2.43 tr, following a CNY 0.76 tr in July and beating expectations of CNY 2.08 tr. New bank loans doubled, reaching CNY 1.25 tr from CNY 0.68 tr, albeit below expectations. Seasonal…
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