Moody’s: Chinese authorities will likely permit faster credit growth in H2 2021

Dhwani Mehta FXStreet

Following Fitch Rating’s assessment of the Chinese GDP growth, Moody’s Investors Service is out with its take on the economy, in light of the country’s property crisis.

Key takeaways

“Chinese authorities will likely permit faster credit growth in H2 2021.”

“China will do so offset slowing economic growth.”

“Shadow Banking assets will continue to decline for the rest of this year, on regulatory tightening.”

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