Econ and Finance - 26 Jul 2017

The message in June’s bank asset data

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The latest banking data is hot off the presses.

It shows that China’s nationwide bank assets grew at 11.4% y/y in June – that’s more than a full percentage point down from the 12.5% we saw in May.

The key was that joint stock banks saw asset growth decelerate to 8.4%y/y in June – a signi...

Snuh-ohez.

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