Chinese media report the PBOC has asked banks to defer new loans until after Feb. 15

Author: Eamonn Sheridan | Category: Central Banks

So says Caixin (via Bloomberg) 

Lunar New Year begins in China on February 16 ... so in effect this would hold back new loans until the end of the holiday (holiday period is 7 days ... back at work on Thursday 22 Feb.) 

Yesterday we got the January credit data from China: 
With Chinese authorities wanting to keep a focus on deleveraging we can expect headlines like the one above seeking to slow debt growth to continue   

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