BIZCHINA> Center
China end-Aug M2 money supply up 16%
(Agencies)
Updated: 2008-09-12 15:01
Comments( China Daily Website - Connecting China Connecting the World

Sorry, the page you requested was not found.

Please check the URL for proper spelling and capitalization. If you're having trouble locating a destination on Chinadaily.com.cn, try visiting the Chinadaily home page

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
) PrintMail

Broad money supply, or M2, was up 16 percent year-on-year to 44.9 trillion yuan ($6.55 trillion) at the end of August, China's central bank said.

In July, M2 was up 16.35 percent year-on-year at 44.64 trillion yuan.

In a statement on its website, the central bank said M1 rose 11.48 percent to 15.7 trillion yuan at the end of August. M1 was up 13.96 percent in July.

M0 was up 10.89 percent year-on-year at 3.1 trillion yuan. M0 rose 12.3 percent year-on-year in July.

Outstanding loans grew 14.86 percent to 31.1 trillion yuan while outstanding yuan loans were up 14.29 percent year-on-year to 29.3 trillion yuan.

New yuan loans in August stood at 271.5 billion yuan, 31.3 billion less than the year-earlier level.


(For more biz stories, please visit Industries)
Comments( China Daily Website - Connecting China Connecting the World

Sorry, the page you requested was not found.

Please check the URL for proper spelling and capitalization. If you're having trouble locating a destination on Chinadaily.com.cn, try visiting the Chinadaily home page

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
) PrintMail
Popular in 24 Hours
Popular in 1 Week