www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Markets

China's new yuan loans drop in Feb

(Xinhua) Updated: 2016-03-12 08:48

China's new yuan loans drop in Feb

An employee counts yuan banknotes at a bank in Huaibei, Anhui province.[Photo/Agencies]

BEIJING - China saw plunging new loans in February, largely due to the Lunar New Year holiday and a record credit surge in January.

New yuan-denominated lending in February dropped to 726.6 billion yuan ($111.96 billion), 297 billion yuan less than a year earlier, the People's Bank of China said in a statement on its website on Friday.

It went far below market expectations as new yuan-denominated lending in January exploded 71 percent year on year to 2.51 trillion yuan.

New February social finance, a measurement of funds that non-financial firms and households get from the financial system, was 780.2 billion yuan, 580.7 billion yuan less than a year earlier, and a sharp drop of 2.65 trillion yuan from January.

"The Lunar New year holiday and payback for January's record credit surge meant a downside surprise was always a possibility," said Tom Orlik, chief Asia economist at Bloomberg.

"Looking at the data for the first two months of the year together, credit growth remains on a rapid upward trend, and the government is targeting a faster credit expansion for 2016 as a whole. Industrial output data for January and February, slated for release Saturday, will be critical in determining the immediate policy outlook," he said.

The drop in total social finance is "eye-catching, but it would be wrong to conclude that lending is falling off a cliff. The one-week holiday for Lunar New Year in February meant some loans were dragged forward into January," and January's record total also prompted the central bank to "crack down on excess lending at some banks. That always made a slump in February a possibility," he noted.

Despite the drops, yuan-denominated lending stood at 97.19 trillion yuan at the end of February, up 14.7 percent year on year.

M2, a broad measure of money supply that covers cash in circulation and all deposits, rose 13.3 percent year on year to 142.46 trillion yuan at the end of February.

M1, a narrow measure of money supply that covers cash in circulation plus demand deposits, rose 17.4 percent year on year to 39.25 trillion yuan, the statement said.

M0, the amount of money in circulation, stood at 6.94 trillion yuan, a year-on-year drop of 4.8 percent. The central bank drained 310.5 billion yuan of cash from the market in February.

At the end of February, yuan-denominated deposits stood at 138.6 trillion yuan, up 13.3 percent. In February alone, yuan-denominated deposits gained 846.7 billion yuan.

By the end of February, total outstanding loans stood at 102.53 trillion yuan, up 13.6 percent from the previous year. Outstanding deposits in both yuan and non-yuan currencies rose 13 percent year on year to 142.89 trillion yuan at the end of last month.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 色熟 | 国产91精品久久久久久久 | 国产片网站 | 成人免费一级毛片在线播放视频 | 久久精品成人免费看 | 国产精品久久久久久久久久影院 | 日韩在线视频一区二区三区 | 啪啪一级片 | 亚洲成年人在线观看 | 伊人色综合7777 | 91精品久久久久含羞草 | 特黄特黄一级高清免费大片 | 久久精品国产精品亚洲人人 | 伊人手机视频 | 和日本免费不卡在线v | 日韩一级免费视频 | 台湾久久 | 欧美一级特黄视频 | 久久思思爱 | 一级特黄牲大片免费视频 | 欧美日韩免费一区二区三区 | 欧美巨大另类极品videohd | 一级毛毛片毛片毛片毛片在线看 | 自拍视频在线观看视频精品 | 人操人碰 | 91看片淫黄大片.在线天堂 | 欧美一级片在线播放 | 久久99精品久久久久久野外 | 国产精品日韩专区 | 久久国产精品免费 | 国产综合在线视频 | 欧美视频精品一区二区三区 | 亚欧成人毛片一区二区三区四区 | www.日本在线观看 | 国内精品久久久久影院网站 | 狠狠色综合网站久久久久久久 | 亚洲在线视频免费观看 | 特级毛片全部免费播放a一级 | 日本黄网在线观看 | 国产成人3p视频免费观看 | 狠狠五月深爱婷婷网 |