中国经济评论：通缩持续、信贷与出口走弱、地方债务置换-China Economic Comment- Lingering deflation, softer credit & exports, local debt swap

ab 15 September 2025 Global Research China Economic Comment China Weekly: Lingering deflation, softer credit & exports, local debt swap High frequency: better growth of home sales and port activities in early Sep 30-city property sales rebounded to 8% YoY in the first 11 days of September from -10% YoY in August. That in tier 1/2/3 cities rebounded to 3%/12%/ 6% YoY, respectively. Port cargo throughput growth edged up to 6% YoY in the first week of September from 5% YoY in August, and container throughput g ...