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CN Last Dec M2 Supply Up 8.5% YoY, vs 8 Rise in Consensus
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The People's Bank of China (PBOC) announced that the balance of broad money (M2) in mainland China was RMB340.29 trillion at the end of December, marking a YoY increase of 8.5%, which was higher than the market expectation of an 8% rise. The balance of narrow money (M1) was RMB115.51 trillion, growing 3.8% YoY, slightly below the market expectation of a 3.9% increase. AASTOCKS Financial News Website: www.aastocks.com |
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