Chinese commercial banks are struggling with stagnant loan growth due to weak consumer and business confidence in the economy. As a result, banks are investing heavily in government bonds, as evidenced by a rally in Chinese sovereign bonds and record-low yields. Despite stimulus measures, total new yuan loans have decreased significantly, leading to concerns about deflation and a lack of quality borrowing demand. Authorities are focused on boosting consumption and lowering borrowing costs to revive credit demand, but uncertainty remains due to potential tariff actions and the need for strong domestic policy support.
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CSK vs PBKS: Playing XI, MA pitch report, weather in Chennai
Chennai Super Kings (CSK) are struggling at the bottom of the IPL table with only two wins in nine matches, facing Punjab Kings (PBKS) at Chepauk in a crucial match that could impact their playoff hopes. MS Dhoni's return as captain has not reversed CSK's fortunes, and they will rely on emerging players like Ayush Mhatre against a stronger PBKS lineup featuring in-form players like Yuzvendra Chahal and Marco Jansen. The pitch at MA Chidambaram...
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