Bloomberg with a story on debt growth in China, saying that April’s social financing accelerates if factoring in munis
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Including record municipal bond sales, total social financing jumped 17 percent from a year earlier, the most since 2014, to 1.76 trillion yuan, UBS Group AG estimates
These compare with the official data, which excludes borrowing by local governments. This came out on Friday and showed a 29 percent slide to 751 billion yuan.
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