China Oct bank loans fall more than expected but broader credit growth quickens - Capital Economics

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China Oct bank loans fall more than expected but broader credit growth quickens

11 November, 2020Reuters

“We think credit growth will remain strong in the near-term,” Julian Evans-Pritchard at Capital Economics said in a note.

“Admittedly, bank lending has started to slow which we think will continue in the coming months given that loan quotas are now being tightened. But appetite for bond and equity issuance among private firms is picking up as confidence in the outlook has returned.”

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