Strong China New Loan Issuance In April; Rate Of Money Supply Growth Eases

May 11th, 2011 by Belisarius

(For April 2011)

The most broad measure of money supply – M2 rose 15.3% y-o-y in April vs. 16.6% consensus and 16.6% rise in March.

Chinese banks issued CNY 740 billion of new loans in April vs. CNY 679.5 billion in March and consensus of CNY 700.0 billion. The government has not provided a target for this year, but inferring on Q1 numbers the pace of loan growth could be similar to last years pace.

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This entry was posted on Wednesday, May 11th, 2011 at 3:18 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.

One Response to “Strong China New Loan Issuance In April; Rate Of Money Supply Growth Eases”

  1. Ramon Anderson Says:
    March 2nd, 2012 at 3:27 am

    G’Day! Taintedalpha,
    Very interesting Very bad that working people are having problems getting money when spoiled Greece can borrow loans from the eurozone…
    Wishes

 
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