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China May M2 Money Supply Growth Eases to 11.8% YoY
The People's Bank of China (PBOC) announced that as of the end of May, the M2 money supply (in the broad sense) amounted to RMB146.17 trillion, up 11.8% on a yearly basis. The figu...
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China May M2 Money Supply Growth Eases to 11.8% YoY
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The People's Bank of China (PBOC) announced that as of the end of May, the M2 money supply (in the broad sense) amounted to RMB146.17 trillion, up 11.8% on a yearly basis. The figure was lower than market estimates of rising 12.5% yearly.
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