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Three big secrets lurking in China’s banking system

A close look at lending and money supply data reveals three notable kinks in the system

China - Asia TimesNew yuan loans handed out by Chinese banks in November expanded about 10%, more than analysts had been expecting, while the broad M2 money supply figure came in at a respectable 11.4% year-on-year gain.

At first glance these numbers portray an image of…

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