China August M2 money supply +6.3% vs +6.2% y/y expected
Prior +6.3%New yuan loans ¥900 billionPrior ¥260 billion China’s bank lending tumbled in July to its lowest in almost 15 years but it seen rebounding back a little in August, though estimates were expecting it to climb back up to around ¥1.0 trillion. Looking at the year-to-date figure,…
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