Logo 12 Oct 2022

Credit where credit is due

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Trivium Markets keeps you briefed on the latest developments in China markets policy.

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What a pleasant surprise!
On Tuesday, China’s central bank (PBoC) released monthly credit data for September, and the numbers were better than anticipated.
The headlines:

Net new total social financing (TSF) hit RMB 3.53 trillion last month, versus the consensus forecast of RMB 2.73 trillion (Reute...