MNI BRIEF: China Aug New Loans Turn Positive; M2 Slows Further

Sep-14 09:51
ChinaPBOCFiscal PolicyLending Data

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China's new yuan loans rose by CNY60 billion in August, reversing July's CNY340 billion decline, but still underperforming the CNY400 billion consensus, data released on Monday by the People's Bank of China showed. Total social financing increased b...