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China's September new loans seen rising, more policy easing expected: Reuters poll
China’s new bank loans likely rose in September but other key gauges of credit growth remained lackluster, a Reuters poll showed, reinforcing expectations Beijing needs to deliver more support to stabilize the economy as trade pressures build. Chinese regulators have been trying to boost bank lending and lower corporate financing costs for over a year, but the pick-up in loan growth has been modest compared to previous rounds of stimulus, and economic activity has continued to slow. Analysts say the problem is not a lack of credit, but weakening business and consumer confidence as the U.S.-China trade war drags on, ... (full story)