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China July bank loans post record contraction as credit demand falters

China's new yuan loans contracted by a record 340 billion yuan in July, as weak household and corporate borrowing pointed to subdued credit demand.

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Business StandardCenter·2h ago
China July bank loans post record contraction as credit demand falters
China's new yuan loans contracted by a record 340 billion yuan in July, as weak household and corporate borrowing pointed to subdued credit demand.
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