It is reported that China new local currency loans in September this year totalled CNY 470 billion while at the end of September broad money supply in China came to CNY 78.74 trillion up by 13%YoY.

Also as of the end of September, narrow money supply in China totalled CNY 26.72 trillion an increase of 8.9%YoY while the currency in circulation reached CNY 4.71 trillion rising by 12.7%YoY.

By the end of September, total outstanding foreign and local currency loans in China totalled CNY 56.24 trillion including CNY 52.91 trillion of loans in local currency, increasing by 16% YoY and 15.9%YoY respectively.

(Sourced from Steel Orbis)
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