Economics
China’s Credit Growth Rebounds on Seasonal Boost, Policy Support
- August aggregate financing came in at 1.98 trillion yuan
- Credit uptick helps offset headwinds from trade: UBS
Pedestrians and motorcyclists cross a road in Xiamen.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
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China’s credit growth rebounded faster than expected in August after a seasonal decline the previous month, signaling that policy efforts to channel funds to companies may be gaining further traction.