KM Financial Solutions | UPDATE 1-China’s new loans unexpectedly slow in May as risk campaign hits borrowing
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UPDATE 1-China’s new loans unexpectedly slow in May as risk campaign hits borrowing

UPDATE 1-China’s new loans unexpectedly slow in May as risk campaign hits borrowing

BEIJING, June 12 (Reuters) – New Chinese bank loans
unexpectedly fell in May, with credit growth slowing slightly as
policymakers sustained efforts to clamp down on off-balance
sheet shadow loans to rein in risks in the world’s
second-largest economy.

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