Financial News

China’s Soaring Loan Demand Overstates Its Business Recovery

By Ye Xie, Bloomberg Markets Live reporter and strategist, as posted at ZeroHedge While the US banking turmoil has eased lately, the economic damage from an inevitable tightening in lending may only be starting. In China, the opposite seems to be happening. The latest central bank survey shows that credit demand surged to the […] Source
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