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China’s credit growth rebounded amid policy efforts, more stimulus expected


China's credit growth rebounded in August from the previous month but analysts believe the expansion is still quite weak and policymakers will have to introduce more policy supports to boost the slowing economy.

Banks extended 1.21 trillion yuan ($170 billion) in new loans in August, showed data released by People’s Bank of China (PBOC) on Wednesday, up from 1.06 trillion yuan in July and exceeding analyst expectations of 1.2 trillion yuan.

Household loans, mostly mortgages . . .

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