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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.

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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