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China’s credit growth slows in April after previous record rise

China's credit growth slowed significantly in April after a record expansion in the first quarter. The data comes after a slew of upbeat data points to economic stabilisation and meanwhile, a heavy credit burst earlier this year has raised concerns on a further rise in bad loans.

Chinese banks extended 1.02 trillion yuan in net new yuan loans, missing forecasts and down from 1.69 trillion yuan in . . .

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