China June M2 money supply +8.5% vs +8.6% y/y expected

Latest Chinese credit data for May has been released – 12 July 2019

  • Prior +8.5%
  • New yuan loans ¥1,660.0 bn vs ¥1,700.0 bn expected
  • Aggregate financing ¥2,260.0 bn vs ¥1,900.0 bn expected


Money supply growth in China continues to hold steady between 8-9% over the past year-and-a-half as officials continue to balance between tackling financial risks via deleveraging and maintaining steady economic growth.

The data here suggests that China is still seen keeping pace with deleveraging efforts despite some concerns surrounding the domestic economy.

Articles You May Like

Risk Management Strategies for Forex Traders
TOP 3 FOREX TRADING ENTRIES (Simple & Profitable Patterns)
USDCAD tests 100 and 200 hour MA. Stalls.
GBP/USD climbs above 1.25 as USD comes under pressure on Powell’s cautious remarks
Leaked documents expose lack of progress in US-UK trade talks

Leave a Reply

Your email address will not be published. Required fields are marked *