Tuesday, December 1, 2020
Tags Chinese M2 money supply

Tag: Chinese M2 money supply

China’s M2 Money Supply Growth Falls Short of Forecasts in February to Hit Record Low

Growth in China's M2 money supply eased to a new record low in February.

New Renminbi Loans of 1.28tn Yuan in August, M2 Money Supply Rises 8.2% YoY

The Chinese central bank has released new data for credit and money supply growth in the month of August 2018. Figures from the People's Bank...

Lending by Chinese Banks Beats Expectations in July, New Loans Hit 1.45 Trillion Yuan

Lending by Chinese banks accelerated in the month of July, as Beijing expands liquidity and pushes for financial institutions to extend more credit. New renminbi...

July Lending Expected to Reach 1.2 Trillion Yuan, M2 YoY Growth at 8.3%: State Media

Domestic analysts see credit extension for July posting a robust reading in the wake of looser monetary policy from Beijing according to a report...

New RMB Lending at 1.18tn Yuan in April, M2 YoY Growth at 8.3%

The latest official data points to a sharp year-on-year slowdown in the growth of China's M2 money supply. According to China's official financial data report...

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Chinese Banks Suspend Trading of Gold and Platinum Due to Concerns over Post-US Election Price Plunge

A slew of leading Chinese banks have announced the suspension of trading of gold and platinum due to concerns over market volatility...

Kuaishou Could Acquire Payments License, Joins Ranks of Chinese Tech Giants Making Forays into Finance

Chinese video-sharing platform Kuaishou could be preparing for a foray into the fintech sector by grabbing a payments license via the acquisition...

Bank of China Forecasts 7.5% GDP Growth for China in 2021

Big state-owned lender Bank of China (BOC) has issued a rosy forecast for Chinese GDP growth in 2021 following efforts to contain...

Chinese Central Bank Undertakes 200B Yuan in MLF, 150B Yuan in Reverse Repos on 30 November

The People's Bank of China (PBOC) has announced that it undertook 200 billion yuan in medium-term lending facility (MLF) operations and 150...