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14th Mar 2024 20:02China+, Weekly Monitor

  • China’s February credit data indicate still-flat borrowing demand, after filtering the holiday noise.
  • Credit growth is likely to pick up as government-bond issuance rises to fund fiscal support.
  • The equipment-upgrade and ‘cash-for-clunkers’ measures should also spur loan demand.

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Keywords for: 18 March 2024 China+ Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence