Sunday, July 19, 2015

China : Financial Statistics, H1 2015 (July, 17, 2015)

Extracts : Chinese data from People's Bank of China[1]

   Broad money rose by 11.8 percent and narrow money by 4.3 percent

At end-June, the broad money supply (M2) stood at 133.34 trillion yuan, increasing by 11.8 percent year-on-year, up 1.0 percentage point from a month earlier but down 0.4 percentage points from the end of last year.

 The narrow money supply (M1), at 35.61 trillion yuan, rose by 4.3 percent year-on-year, down 0.4 percentage points from a month earlier but up 1.1 percentage points from the end of last year.

The amount of currency in circulation (M0) was 5.86 trillion yuan, increasing by 2.9 percent year-on-year. The first half of 2015 saw a net money withdrawal of 165.5 billion yuan.

·         RMB loans rose by 6.56 trillion yuan and foreign currency loans by US$40.5 billion

At end-June, outstanding RMB and foreign currency loans totaled 94.43 trillion yuan, up 12.5 percent year-on-year.


By sector, household loans rose by 1.95 trillion yuan, surpassing the growth in the same period last year by 75.1 billion yuan, with short-term loans and medium and long-term (MLT) loans increasing by 617.1 billion and 1.34 trillion yuan, respectively.

The monthly weighted average interbank lending rate for June stood at 1.44 percent .
Official foreign exchange reserves stood at US$3.69 trillion


This blog offers no investment advice. All views expressed are without any risk or responsibility






[1]http://www.pbc.gov.cn:8080/publish/english/955/2015/20150717091726330695115/20150717091726330695115_.html

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