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15th Jul 2024 17:51China+Daily Monitor

  • China’s soft June credit data indicated weak demand for funding, except government bonds.
  • Higher net long-term household loans probably reflect a revival in pre-owned property sales.
  • Money growth continued to be buffeted by fund flows from corporate bank deposits into bond funds.

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Keywords for: 17 July 2024 China+ Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence