The PBOC is expected to publish figures showing broad financing growth for May around mid-June. Photo: AP

China’s credit expansion cooled in May amid crackdown on shadow banking, analysts say

A broad measure of aggregate financing is expected to show an overall cooling in May, as Beijing taps the brakes on the shadow banking sector and as mortgage lending cools

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The PBOC is expected to publish figures showing broad financing growth for May around mid-June. Photo: AP
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