MNI China Daily Summary: Friday, April 26

MNI BRIEF: China, US Should Strengthen Dialogue, Cooperation

MNI BRIEF: SNB Framework Reform 'Playing With Fire' - Steiner

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Lower At 7.1056 Fri; -4.56% Y/Y

MNI: BAKER HUGHES US RIG COUNT 613; OIL RIGS 506; GAS RIGS 105

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL APR INDEX 77.2

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: China March M2 Slows More Than Expected

MNI (Singapore)
MNI (Beijing)
Central Bank NewsPolicy NewsPBOCAPACChinaEM Policy NewsEM Policy StoryEM BriefEM Central Bank NewsPeoples Bank of ChinaBriefGlobalStoryRegion
True

China's M2 money supply measure slowed more than expected to near a three-year low, while bank lending and aggregate finance bounced back due to seasonal effects, data released by the People's Bank of China showed Friday.

Banks extended CNY3.09 trillion in new yuan loans in March, rising from February's CNY1.45 trillion. Total social financing rose by CNY4.87 trillion, up from the previous CNY1.56 trillion. Outstanding TSF rose by 8.7% by the end of March, compared with the previous 9%. (See MNI INTERVIEW: PBOC To Cut Rates To Boost Credit - Zhang Bin)

Keep reading...Show less
140 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

China's M2 money supply measure slowed more than expected to near a three-year low, while bank lending and aggregate finance bounced back due to seasonal effects, data released by the People's Bank of China showed Friday.

Banks extended CNY3.09 trillion in new yuan loans in March, rising from February's CNY1.45 trillion. Total social financing rose by CNY4.87 trillion, up from the previous CNY1.56 trillion. Outstanding TSF rose by 8.7% by the end of March, compared with the previous 9%. (See MNI INTERVIEW: PBOC To Cut Rates To Boost Credit - Zhang Bin)

Keep reading...Show less