China’s new RMB loans declined to RMB810 billion in August, down from July's RMB1.48 trillion. Total social financing aggregate came in at RMB1.08 trillion in the month, up from RMB718.8 billion recorded in July. China's M2 growth kept steady at a 13.3% expansion in August. "August monetary data were broadly in line with expectations. We […]

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