Money supply in line with trend
By Xin Zhiming | China Daily | Updated: 2007-01-16 07:29
China's broad measurement of money supply, or M2, rose 16.9 percent year on year in 2006, a growth "basically" in line with the economic development, the central bank said yesterday.
It was 0.1 percentage point higher than the year-on-year figure by the end of November.
M1, the narrow measurement of money supply, rose 17.5 percent year on year, the People's Bank of China (PBOC) said on its website.
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