Money supply slows in Nov

The annual growth in China's broad M2 measure of money supply slowed to 14.8 percent in November from 15.02 percent in October, indicating a continued weakening of the economy.

The November growth of M2, which includes cash and all types of deposits and can indicate the overall liquidity in the financial system, was the lowest rate since May 2005. It was also the sixth consecutive month that the index fell.

New yuan loans in November totaled 476.9 billion yuan, compared with 181.9 billion yuan in October and 87.4 billion yuan in November 2007, the central bank said.