China's new bank loans and credit growth picked up in March, short-term loans, government bond sales jumped

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China's new bank loans and broad credit expansion both picked up in March from the previous month, with short-term loans and government bond issuance jumping, as the authority kept policy accommodative to support the slowing economy.

Chinese banks granted 3.13 trillion yuan of new yuan loans in March, according to data released by the People's Bank of China (PBOC) on Monday, compared to expected 2.68 trillion yuan in a Reuter . . .

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