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China to See Controlled Lending Increase in Nov, Dec: News

CHINA PRESS

China should see a more controlled pace of lending growth in November and December, taking total aggregate new lending for the year to just under CNY20 trillion, the Financial News reported citing Wang Yifeng, an analyst from the Research Institute of Everbright Securities. China is also likely to avoid strong credit tightening in 2021, Wang said. Social financing in November is likely to be around 13.5% to 13.7%, compared with 13.7% in October, he said.

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