Pantheon Macroeconomics

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10th Nov 2022 16:26China+, Daily Monitor

  • China’s October credit data were below expectations, due to a weak economy, the Party Congress...
  • ...The Congress likely disrupted policy-based credit extension for quasi-fiscal projects.
  • China is still caught in a liquidity trap, with credit growing more slowly than M2 again in October.

congress credit credit data liquidity m2 October private sector

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Keywords for: 11 Nov 2022 China+ Monitor

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