Background: The People's Bank of China says Chinese banks extended 532.8 billion yuan in new loans in July. The figure was lower than June's figure of 603 billion yuan, and also lower than the median forecast by economists of 600 billion yuan. Full story >>
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1) New yuan loans are below expectations, thanks largely to those government controls. Is that putting more downward pressure on domestic demand?
2) Have the expectations of an interest rate hike been eased, for the rest of the year at least?
3) Do you think we'll see the government gently easing credit policies before the end of the year?