China Credit Growth Rebounds as PBOC’s Targeted Easing Kicks In

China’s broadest measure of new credit rose to a three-month high in September, suggesting the central bank’s targeted measures to boost liquidity have helped spur lending. Aggregate financing was 1.05 trillion yuan ($171 billion), the People’s Bank of China said today in Beijing, compared with t…

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China Credit Growth Rebounds as PBOC’s Targeted Easing Kicks In