Chinese credit growth soars in January

China’s total social financing (TSF) growth surged to its highest level on record last month, indicating that Beijing’s recent push for more lending to offset a slowdown is taking effect, Caixin reports. TSF, a gauge of the economy’s credit and liquidity, rose to Rmb 4.64 trillion ($684.93 billion) in January – a big jump from … Continue reading Chinese credit growth soars in January