China | Vulnerability sentiment deteriorates in June
Published on Friday, June 30, 2017 | Updated on Friday, June 30, 2017
China | Vulnerability sentiment deteriorates in June
Our China Vulnerability Sentiment Index (CVSI) deteriorated in June, dragged by Housing and Exchange Rate component, which together offset a stable SOE Index and improving Shadow Banking Index. The deleveraging campaign has gained traction, with notable easing in shadow lending growth, though concerns over its effectiveness continues to undermine sentiment.
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