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#SocialFinancing

Updated our forecasts for China's Social Financing. They imply only a gradual increase in the flow of financing for the next 12-month period, which, adding the cyclical downturn in world and European economies, indicates that we are in the midst of a global downturn. https://t.co/HuCz2f7uxC #ChinaEconomy #SocialFinancing #GlobalDownturn #CN #EU