China Daily Reads

China Daily Reads

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China Daily Reads
China Daily Reads
China’s Loan Drop Stokes Fears of ‘Balance Sheet’ Recession

China’s Loan Drop Stokes Fears of ‘Balance Sheet’ Recession

Aug 14, 2024
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China Daily Reads
China Daily Reads
China’s Loan Drop Stokes Fears of ‘Balance Sheet’ Recession
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  • Key lending gauge contracted for first time since 2005 in July

  • Inflation is hovering around zero as consumer confidence sags

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