China’s broadest measure of new credit unexpectedly plunged last month as growth in money supply slowed. Aggregate financing was 273.1 billion yuan ($44.3 billion), the People’s Bank of China said today in Beijing, compared with the 1.5 trillion yuan median estimate of analysts surveyed by Bloom…
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China Credit Gauge Plunges as Expansion in Money Supply Slows
China’s broadest measure of new credit unexpectedly plunged last month as growth in money supply slowed. Aggregate financing was 273.1 billion yuan ($44.3 billion), the People’s Bank of China said today in Beijing, compared with the 1.5 trillion yuan median estimate of analysts surveyed by Bloom…
More:
China Credit Gauge Plunges as Expansion in Money Supply Slows
