China Credit Growth Slows Down The People's Bank of China (PBOC) recently reported that credit growth in the country has slowed down significantly.
The slowdown is significant not only for China but also for the global economy, given its importance as a major trading partner and lender to developing countries.
Understanding China's Credit Growth Slump: Implications for Global Markets China's credit growth has been slowing down since 2017, with a noticeable decline in recent months.