China’s new RMB loans rose sharply to RMB1.48 trillion in July, up from RMB1.28 trillion recorded in June, as stock market rescue policy lifted new loan numbers. Total social financing aggregate declined sharply to RMB718.8 billion in July, down from June’s RMB1.86 trillion. China’s M2 growth accelerated to 13.3% in July, up from 11.8% in […]
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