China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs
China's Foreign Reserves Drop Amid Recovering Credit Condition
Aggregated Source: China Money Network
China's freshly released credit data shows that new loans have recovered to the normal level due to the ongoing targeted easing policies, but the de-leveraging of shadow banking activity continues, says a research report by ANZ's chief China economist Liu Li-Gang. China’s new RMB loans picked up to RMB857.2 billion in September, above market expectations. […]


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