2018 Economic Calendar
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China : New Yuan Loans  
Released On 2/12/2018 9:07:00 AM For Jan, 2018
PriorActual
Level [CNY billion]584.4 2900 
Yr/Yr12.7 %13.2 %

Highlights
The total of new yuan loans made by Chinese banks in January was CNY2900 billion, up sharply from CNY584.4 billion in December. Many Chinese banks typically concentrate much of their annual lending early in the new year, but this surge in new lending is large even by January standards. Total outstanding loans rose by 13.2 percent on the year at the end of December, up 12.7 percent on the year-to-date in December.

Measures of money supply growth were mixed in January, with M1 increasing by 15.0 percent on the year, up from 11.8 percent in December, but year-on-year growth in M0 slowing from an increase of 3.4 percent to a decline of 13.8 percent.

Definition
Data showing the sources and uses of funds of financial institutions include a measure of new loans extended in the domestic currency by Chinese banks. These are normally subject to an annual quota established by officials, with banks typically lending most of their allotted funds early in the year, meaning that there is a strong seasonal pattern in the level of new bank loans.  Why Investors Care
 

2018 Release Schedule
Released On: 1/122/123/84/135/116/137/138/13
Release For: DecJanFebMarAprMayJunJul
 


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