China is flush with liquidity
China February Money Supply:
Aggregate financing 3,160 bln yuan; Est. 2,200 bln;
M2 money supply +12.9% y/y; Est. +12.5%;
M1 money supply +5.8% y/y; Est. +6.0%;
M0 money supply +10.6% y/y; Prev. +7.9%;
New yuan loans 1,810 bln yuan; Est. 1,500 bln.
China’s econ is flush with liquidity & on the mend.
Aggregate financing 3,160 bln yuan; Est. 2,200 bln;
M2 money supply +12.9% y/y; Est. +12.5%;
M1 money supply +5.8% y/y; Est. +6.0%;
M0 money supply +10.6% y/y; Prev. +7.9%;
New yuan loans 1,810 bln yuan; Est. 1,500 bln.
China’s econ is flush with liquidity & on the mend.
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whqqq : Let's see if HKD peg will manage to be sustained now.