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Credit where credit is not due

BY BENJAMIN ONG | FRIDAY, 13 JAN 2017 9:36AM

Chinese banks extended some CNY1.04 trillion in new yuan loans in December, up from CNY0.79 in the previous month and far higher than market expectations for a reduction to CNY0.68 trillion.

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Read more: new yuan loans, bubble, Beijing, China, Politburo

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