Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
China's M2 money supply growth quickened to 8.3% y/y in May, up from 8.1% y/y in the previous month. The outcome is in line with analyst expectations, according to data released by the People's Bank of China Thursday.
Among the key metrics, M1 growth slowed to 6.1% y/y from a previous 6.2% gain, while M0 rose 5.6% y/y, quickening from the 5.3% gain in April. Aggregate financing rebounded slightly to CNY1.92 trillion from the previous CNY1.85 trillion, but still underperforming the median forecast of CNY2.05 trillion. On an annual basis, it slowed to 11.0% from 11.7% at the end of April.
New loans edged up to CNY1.5 trillion, close to April's CNY1.47 trillion, meeting the median forecast.
Shadow banking transactions reduced by CNY262.9 billion, compared to the reduction of CNY369.3 billion in April. Among which, entrusted loans, trust loans, undiscounted bankers' acceptances fell CNY40.8 billion, CNY129.5 billion and CNY92.6 billion, respectively.