China's Credit Jumps Most Since June on Surging Bond Sales

  • Bond sales surge as monetary easing lowers borrowing costs
  • New yuan loans slowed to 597.8 billion yuan, missing forecasts

China’s broadest measure of new credit surged the most since June as companies increase borrowing on the corporate bond market, underscoring a shift away from reliance on state-backed banks for funding.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.