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IPFS News Link • China

Chinese lending explodes

07-09-2009 • Michael Pettis

I don't have time to do a long entry today, but in my June 30 entry I marveled at the huge explosion in new lending, and claimed that credible rumors suggested that total new loans for June would be an astonishing RMB 1.2 trillion.

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Reported By Jean Carbonneau

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Chinese lending explodes

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