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Chinese credit keeps right on slowing

June 13, 2018 - 00:04 -- Admin

The PBOC released May new yuan loans lat night and the slowing trends are intact. Banks loaned 1.15tr yuan in the month but non-banks choked down -389bn yuan: Thus total social financing fell -28% year on year and the three month moving average is showing sustained losses for new credit: Shadow banking share collapsed: The

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