Jul 3, 2013
Flash: PBOC in unchartered territory? – Deutsche Bank
According to Macro Strategy Analysts J. Reid and C. Tan at Deutsche Bank, “A previously undisclosed summary of a PBOC internal meeting on June 19, the PBoC was concerned that in the first 10 days of June, Chinese banks increased lending by RMB1 trillion (or $163 billion) – an amount the central bank said had never been seen in history."
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