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China Credit Creation Craters, Sparking Speculation Of A Growth, Stock Bounce
China Credit Creation Craters, Sparking Speculation Of A Growth, Stock Bounce While we wait for China's economic data dump due Monday, when industrial production and retail sales are expected to crater to deep negative territory as a result of the ongoing covid lockdowns, this morning we got a harsh reminder just how hard the world's 2nd biggest economy has been hit when Beijing reported that April total social financing and RMB loans came in much below market expectations, even as
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