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UPDATE 1-China May loans rebound, credit growth picks up on policy support – Analysts had expected 13.5%, unchanged from April’s pace. The PBOC stepped up efforts to increase loan growth and business activity in May, announcing a three-phase cut in regional banks’ reserve.
China March new loans rebound sharply, more policy easing expected – BEIJING (Reuters) – China’s new bank loans rebounded in March. In March, TSF quadrupled to 2.86 trillion yuan from 703 billion yuan in February. GRADUAL POLICY EASING LIKELY The central bank has.
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