Credit speeds up and slows down
Subscribe to keep reading.
Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.
Already a subscriber? Log in.
New bank loans sped up in November even as overall credit growth slowed. Total social financing (TSF) growth slowed fairly rapidly in the month – expanding by 12.5% y/y, down from 13% in October and marking the slowest pace of growth since March. Meanwhile traditional RMB bank lending accelerat...