Chinese mainland’s social financing jumps 8.7% in September
Chinese mainland’s social financing rose 8.7% in September, with broad money supply (M2) up 8.4%, hinting at fresh liquidity and credit boosts.
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Chinese mainland’s social financing rose 8.7% in September, with broad money supply (M2) up 8.4%, hinting at fresh liquidity and credit boosts.
Chinese mainland loans hit 264.8T yuan (+6.8% Y-o-Y) as PBOC pumps liquidity to fuel real economic growth. M2 up 8.8%, M1 up 5.6%.