China May Money Supply & Credit10th June, 2021 11:20 am
While China’s May money supply and credit numbers have come in broadly in line with expectations — M2 8.3% vs. 8.1%, total social financing +1.92trn vs. +2.00trn median forecast and new loan growth +1.50trn vs +1.41bn survey — there are a number of interesting developments worth noting.
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