China’s credit growth eases in August

17.09.2021

In August, Chinese banks distributed CNY 1.2 trillion (roughly USD 190 billion) in new yuan loans, up from July’s 1.1 trillion figure. Annual growth in M2 money supply dipped from 8.3% in July to 8.2% in August, while annual growth in the stock of total social financing (TSF)—a broader measure...