China’s Soaring Loan Demand Overstates Its Business Recovery
April 03, 2023 at 23:40 PM EDT
By Ye Xie, Bloomberg Markets Live reporter and strategist, as posted at ZeroHedge While the US banking turmoil has eased lately, the economic damage from an inevitable tightening in lending may only be starting. In China, the opposite seems to be happening. The latest central bank survey shows that credit demand surged to the […] Source