2018 Economic Calendar
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China : New Yuan Loans  
Released On 3/8/2018 8:15:00 PM For Feb, 2018
PriorConsensusActual
Level [CNY billion]2900 CNY900 BCNY839.3 B
Yr/Yr13.2 %12.8 %

Highlights
The total of new yuan loans made by Chinese banks in February was CNY839 billion, down from CNY2900 billion in January. Many Chinese banks typically concentrate much of their annual lending early in the new year, though the surge in new lending in January was unusually large. Total outstanding loans rose by 12.8 percent on the year at the end of February, down from 13.2 percent on the year-to-date in January.

Measures of money supply growth were mixed in February, with M1 increasing by 8.5 percent on the year, down from 15.0 percent in February, but year-on-year growth in M0 rebounding from a decline of 13.8 percent to an increase of 13.5 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: 1/122/123/84/135/116/137/138/139/1210/16
Release For: DecJanFebMarAprMayJunJulAugSep
 


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