China Monetary Expansion And Fixed Asset Investments Slowed Down In July
The most broad measure of money supply – M2 rose 17.6% YoY in July vs. 18.5% consensus and 18.5% growth in June. Chinese government reigning in on monetary expansion.
Chart 1. China Monetary Aggregates
China new loans rose CNY 632.8 billion vs. CNY 603.4 billion in June and CNY 603.4 billion
Chart 2. China New Loans
China fixed asset investments rose 24.9% in July; the consensus was at 25.3%, June reading was at 25.5%. This is the result in monetary expansion slowing down.
Chart 3. China Fixed Assets Investment
China Fixed Assets Investment, China Loan Issuance, China Money Supply
April 29th, 2012 at 11:40 am
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