China’s wide M2 money supply grew 8 percent in June from a year ago,lost forecasts for an expansion of 8.4 percent. The nation’s total social financing, a wide measure of credit and liquidity in the economy, or stood at 1.2 trillion yuan (US$178.18 billion),compared with an expected 1.4 trillion yuan. Despite the weaker numbers, […]
Source: ejinsight.com