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Chinese credit Titanic sinks

April 15, 2024 - 00:15 -- Admin

Helloooooo Japan: The stock of aggregate financing, a broad measure of credit, expanded 8.7% from a year ago, the slowest pace on record since the data began in 2017. Financial institutions offered 3.1 trillion yuan worth of new loans, according to Bloomberg calculations based on data released by the People’s Bank of China on Friday, less than the 3.6

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