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Credit growth accelerates in March

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Credit growth ticked up in March, led by a big increase in government bond issuance.
Per data released by the central bank (PBoC) on Sunday, outstanding total social financing (TSF) grew 8.4% y/y last month, up from 8.2% in February.

Outstanding RMB loans grew 7.4% y/y, up slightly from 7.3% in Feb...



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