The squeeze on the mainland's shadow-banking sector takes place against the backdrop of strains in the broader economy, such as a decline in exports. Photo: Reuters

Easing in new credit reflects shadow banking slowdown

Aggregate financing for last month comes in at 938.7 billion yuan, lagging a 1.31 trillion yuan estimate, amid a tightening in the loan market

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The squeeze on the mainland's shadow-banking sector takes place against the backdrop of strains in the broader economy, such as a decline in exports. Photo: Reuters
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