November 13, 2023 BY Elizabeth Anderson
Could China’s high-tech manufacturing loans ring a warning bell for cheap exports
Experts typically look at the lending trends of China’s central bank to determine which sectors the government prioritises above others. A year-on-year comparison shows loans to the embattled Chinese property sector dropped by 0.2% while those to the manufacturing sector surged by 38.2%. Financial analysts warn that although this may look similar to the uptick…
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