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Pushing on a String? Two Charts Showing China's Dilemma

Demand for credit is waning, debt has surged

Is China's latest monetary easing really going to help? While economists see it freeing up about 600 billion yuan ($96 billion), that assumes businesses and consumers want to borrow.

This chart may put some champagne corks back in. It shows demand for credit is waning even as money supply continues its steady climb.