Chinese M2 growth slowed to 9.6 percent yoy in May. Growth last slowed to 9.6 percent in April 2015 before rebounding as credit eased, peaking at 14 percent in January 2016.
Reuters: China May new yuan loans 1.11 trln yuan, more than expected
Total social financing increased more than $1 trillion, more than 100 percent was new loans.
Easter Eggs (1 of 21): Hot Air
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FEEDPreface to all 21 parts: This is a special holiday weekend, because not
only does it contain Good Friday and Easter, but it also begins the Slope
of Ho...
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