Money supply growth slows

China's broad money supply grew 15 percent in October, the slowest pace in three years, a sign economists said shows the economy is in sharp slowdown.

The growth of M2 - the broadest measure, which includes cash and all deposits, fell from September's 15.3 percent to 45.31 trillion yuan at the end of October, central bank figures showed yesterday.

Yuan-denominated lending rose 14.6 percent year-on-year at the end of October, up 0.1 percent from the previous month, the People's Bank of China said.