Logo 11 Aug 2021

Slow credit growth, party of 10

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On Tuesday, Caixin scooped the names of the 10 provinces slated to get extra funding under the central bank’s (PBoC’s) new relending quota.
ICYMI: Yesterday, we dished on the PBoC’s plan to increase its relending quota by RMB 200 billion – and its directive to channel the excess funding into support...