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10th Aug 2023 18:14China+, Weekly Monitor

  • China’s credit growth slowed again in July, despite the lending-rate cuts in June.
  • Households are repaying mortgages and other debts, a sign of worries about the outlook.
  • The PBoC is likely to cut the RRR by 25bp in Q3, as part of targeted stimulus policies.

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Keywords for: 14 August 2023 China+ Monitor

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