China's economy grew 4.3% year-on-year in Q2, missing Beijing's 4.5-5% target as new bank lending, broad credit financing, and money supply growth all fell short of forecasts, according to China's statistics bureau and central bank.
China's M2 growth eased to 8.0% year on year in June while loan growth slowed to 5.3%, according to MTS Insights, as markets digest the softer credit prints alongside the Q2 GDP miss. Source
