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Things just got tougher for China’s private firms – The Australian Financial Review

Analysts warn that the looming credit crunch to the nation’s companies could trigger an even sharper slowdown in the world’s…

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This weakening in credit growth will in turn hamper economic activity, at a time when China is already battling sporadic COVID outbreaks, and widespread power shortages that have hobbled industrial output.
Chinas state-owned banks have long shown a preference…

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