Latest Chinese credit data for September has been released - 15 October 2019
- Prior +8.2%
- New yuan loans ¥1,690.0 bn vs ¥1,360.0 bn expected
- Aggregate financing ¥2,270.0 bn vs ¥1,900.0 bn expected
A slight uptick in money supply growth but nothing out of the ordinary as China continues to try and strike a balance between fending off financial risks via deleveraging and keeping loose credit conditions to allow for economic growth.
