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Social Financing Hits a Two-Year Low; Reports Suggest the Chinese Communist Party Is Urging Banks to Increase Lending.

Economic data declined across the board, with social financing in April hitting a two-year low, and both corporate and household loan demand contracting. Sources familiar with the matter revealed that the People's Bank of China has instructed banks to increase lending.
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Economic data declined across the board, with social financing in April hitting a two-year low, and both corporate and household loan demand contracting. Sources familiar with the matter revealed that the People's Bank of China has instructed banks to increase lending.

·New York, United States
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大纪元 Epoch Times broke the news in New York, United States on Friday, May 29, 2026.
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