Macro Data – China August Money Supply & Credit
10th September, 2021 11:47 am Another relatively solid month on the credit side. China’s August new yuan loans came in at CNY1.22trn vs. the CNY1.3trn median forecast but total social financing hit CNY2.96trn (mkt 2.75trn) amid a rebound in corporate bond issuance and solid local government financing numbers. Money supply meanwhile looks soft, M2 at 8.1% (mkt 8.4%) and M1 slowing to 4.2%, the weakest reading since February last year.
Subscribe now to see the full article
Independent Strategy research services are available by annual subscription.
For details of subscription rates and soft-dollar payments please contact:
John Armstrong or Guido Manca
Tel: +44 (0) 20 7730 4965
Fax: +44 (0) 20 7730 7963
Email: main@instrategy.com
To make a request for subscription please use the form below.
