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15th Oct 2024 19:47China+Daily Monitor

  • China’s September credit data point to a continued deterioration in private-sector borrowing demand.
  • Government bond issuance remains robust, but the key is rapid use of the funds for investment.
  • A modest fall in fiscal deposits suggests the policy growth pivot is gaining traction, albeit slowly.

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Keywords for: 16 October 2024 China+ Monitor China's credit demand is broadly soft, besides government borrowing

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