July 2021 data dump – credit
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China’s central bank published June’s credit data late on Friday.
The headlines:
Net new total social financing (TSF) hit RMB 3.67 trillion last month, higher than the forecasted RMB 3.5 trillion.
Net new bank loans were RMB 2.12 trillion in June, versus the consensus forecast of RMB 1.85 trillion....