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China new bank loans in January hit record high on policy support

By Inquirer - 10 months ago
BEIJING  – New bank loans in China jumped by more than expected to an all-time high in January, as the central bank moves to shore up the sputtering economy. Policymakers have pledged to roll out more measures to support the weaker-than-expected post-COVID recovery in the world’s second-largest economy, amid a deep property crisis and prolonged

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