Another weak month for credit
Subscribe to keep reading.
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Already a subscriber? Log in.
Credit growth remained weak in December.
According to the central bank’s (PBoC) monthly credit data released on Tuesday, outstanding total social financing (TSF) grew 8.0% y/y last month, up from 7.8% in November.
Outstanding RMB loans grew 7.6% y/y, down from 7.7% in November.
Net new TSF for Nov...