M2 money supply in China in August +12.2% vs. +12.1% y/y expected

  • Before +12.0%
  • New yuan loans 1,250.0 billion yen vs. 1,480.0 billion yen expected

New yuan loans continue to grow at a healthy pace after hitting a record 13.68 trillion yen for the first six months of the year. The fact that money supply growth is also picking up is another sign that China is currently very focused on strengthening the economy.


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