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A slow slowdown

NAB Morning Call

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The Chinese Economy Is a Mixed Bag in That Sense

New wine loans well above expectations. Big increases in the overgrowth financing numbers there. Agri-refinery numbers as well have come in on the strong side is good. But if you look at that in terms of a year-on-year figure, that's actually still a downward trajectory. And broad credit growth there was still slower as well.

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