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13th Sep 2022 15:27China+, Daily Monitor

  • Chinese credit growth slowed in August, even as liquidity continued to pile up.
  • Private sector demand for credit is still weak, leaving the government to drive borrowing and activity.
  • Property bailout funds propped up credit demand in August, but this effect will fade soon.

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construction construction activity corporate borrowing credit credit growth government June liquidity liquidity injections loans m2 m2 growth policy rmb September vehicles

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Keywords for: 14 Sept 2022 China+ Monitor

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