Chinese M2 growth slowed to 9.6 percent yoy in May. Growth last slowed to 9.6 percent in April 2015 before rebounding as credit eased, peaking at 14 percent in January 2016.
Reuters: China May new yuan loans 1.11 trln yuan, more than expected
Total social financing increased more than $1 trillion, more than 100 percent was new loans.
Ford Loses $132,000 on Each EV Produced, Good News, EV Sales Down 20 Percent
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Ford (F) reports a huge loss on every EV. Sales are down 20 percent holding
the losses to $1.3 billion.
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