Too soon to say if growth peaked in July at 24.3 percent, but it may have given the crackdown on shadow lending. If both TSF and M2 decelerate together, credit growth contraction in China will finally begin in earnest.
More YIMBY useful idiots
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The Useful Idiot is up to its old tricks again today: They’re close to the
city, public transport, schools and parks – and Melbourne’s leafy eastern
subu...
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