China – PBC balance sheet expansion slows
PSL lending, which seemed like it might become a thing for 20204, hasn't: yesterday's April data showed no new lending, so with previous loans maturing, PSL outstanding has fallen back again.
![China – PBC balance sheet expansion slows](/content/images/size/w2000/2024/05/China--PSL--outstanding-balance--CNY-bn.png)
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