Latest Chinese credit data for January has been released - 11 March 2020
- Prior +8.4%
- New yuan loans ¥905.7 bn vs ¥1,120.0 bn expected
- Aggregate financing ¥855.4 bn vs ¥1,585.5 bn expected
Money supply growth expands to its highest since February 2018 as China looks to loosen the reigns a little in order to spur domestic consumption and business investments amid the coronavirus outbreak in the country.