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Essentials Daily Insights

China Credit Growth: Moderate Monetary Stimulus Continues

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China’s much-watched new Total Social Financing (TSF) data slowed to only RMB703 billion in February, compared to RMB4.6 trillion in January (and consensus expectations of RMB1.45 trillion). M2 money supply growth also slowed to 8.0% year-on-year,…

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