China’s RMB loans declined sharply to RMB513.6 billion in October, from RMB1,050 billion in September, below market expectations of RMB800 billion. The country's total social financing aggregate also fell to RMB476.7 billion in October, much lower than RMB1.3 trillion recorded in September. Off-balance sheet financing, including banker’s acceptance draft, trust loans and entrusted loans, declined […]

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