Not disastrous but still soft for sure. Chinese new yuan loans were out for September with bank loans at 1.68tr yuan and total social financing at 2.27tr yuan:
The shadow banking share continues to slowly bleed lower:
Three month moving average loan growth fell sharply to 10%:
M2 lifted a little to 8.4%:
And the money chart, TSF plus bonds, is going absolutely nowhere:
Growth is going to slowly fade away on these numbers.