Chinese M2 Money Supply YoY (Dec) Y/Y 8.5% vs. Exp. 8% (Prev. 8%)
The Chinese M2 money supply growth of 8.5% in December exceeds expectations of 8% and matches the previous year's growth.
PBoC cuts the one-year relending facility rate to 1.25% (prev. 1.50%), to increase tech innovation quotas by CNY 400bln to CNY 1.2tln
China's Ministry of Commerce announces plan to foster new drivers of foreign trade, providing targeted support to offer stability and improve business confidence and expectation
Chinese M2 Money Supply YoY (Dec) Y/Y 8.5% vs. Exp. 8% (Prev. 8%)
China's PBoC Deputy Governor announces plans to release a series of monetary and financial measures
Chinese Total Social Financing (Dec) 2210B vs. Exp. 2000B (Prev. 2490B)
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This stronger-than-expected figure may indicate robust liquidity in the economy, potentially supporting the recent trends of credit expansion. It could have implications for monetary policy and market sentiment, especially regarding inflation and growth prospects in the region.
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