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China's credit growth picked up in November from the previous month, although the rebound was slower than expected as corporate credit demand remained weak.
Chinese banks extended 1.27 trillion yuan ($200.19 billion) in new yuan loans in November, up from 826.2 billion yuan in October, but lower than 1.43 trillion yuan a year earlier, according to data released by the People's Bank of China (PBOC) on Thursday.