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17th Jun 2024 17:42China+Daily Monitor

  • China’s credit grew in May for the first time in six months, as government-bond issuance surged.
  • Home-loan demand was still feeble, though the data are clouded by existing-mortgage repayments
  • May M1 posted a record dive, as businesses shifted money after, in effect, a regulatory deposit-rate cut.

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Keywords for: 19 June 2024 China+ Monitor

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