Bank loans missed forecasts once more this time around, and China's broad money growth further eased toward the close of the previous year. Having said that, it is anticipated that total new yuan loans in 2023 will reach ¥22.75 trillion, which is more than the ¥21.31 trillion in 2022. That suggests that China is still giving a lot of help in an effort to improve the circumstances for recovery.
China Dec new yuan loans 1.17 trillion yuan.
China Dec M2 money supply +9.7% from a year ago.
China end-Dec foreign-currency deposits $797.8 billion vs $793.1 billion at end-Nov.
China end-Dec yuan lending +10.6% from a year ago.