China Monetary Expansion Continues In May

June 11th, 2010 by Belisarius

All of China monetary aggregates rose  in May: M0 was up 15.3%; M1 was up 29.9%; M2 was up 21.0%. New loan issuance was also strong (up 21.5% YoY).

If they don’t tighten fast, they will miss the opportunity…and the bubble bursts in an ugly way.

Chart 1. China Monetary Aggregates

Source: Bloomberg

Chart 2. China New Loans

Source: Bloomberg

This entry was posted on Friday, June 11th, 2010 at 3:52 am and is filed under China. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Comments are closed.

 
Get Adobe Flash player