China's July Leverage Data Comes In Hot, Drawing Rebuke From IMFMark Melin
It is often difficult to ascertain the actual level of credit and liquidity in China, as the “shadow banking" segment is near $8.5 trillion strong. But China’s Total Social Financing (TSF) data, released Tuesday, attempts to do just that. China's Leverage data came in hotter than anticipated, a Bernstein report noted. While the number decreased . . .
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