Chinese M2 growth slowed to 9.6 percent yoy in May. Growth last slowed to 9.6 percent in April 2015 before rebounding as credit eased, peaking at 14 percent in January 2016.
Reuters: China May new yuan loans 1.11 trln yuan, more than expected
Total social financing increased more than $1 trillion, more than 100 percent was new loans.
April 26th COVID Update: Hospitalizations at Pandemic Low!
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[image: Mortgage Rates]Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
*It is likely that we will see pandemic lows for...
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