HEI: China’s credit growth comes up woefully short, raising concerns at critical juncture

THE HEISENBERG writes: “If you were looking for signs that China is prepared to flood the economy with credit in an effort to push hard enough on a string to have an impact, you’ll be disappointed on Monday. Total social financing for July came in at just 1.01 trillion yuan, missing estimates (1.63 trillion) by a country mile.”
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Source: The Loadstar

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