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 / China Data

China's new yuan loans soar in January

(Xinhua) Updated: 2016-02-16 11:13

China's new yuan loans soar in January

An employee counts yuan banknotes at a bank in Huaibei, Anhui province June 22, 2015.[Photo/Agencies]

BEIJING - China's new yuan-denominated lending jumped to 2.51 trillion yuan ($385 billion) in January, up 71 percent from a year earlier and well above market forecasts, official data showed Tuesday.

January's new yuan loans were also about four times that posted in December 2015.

Total social finance, a measurement of funds that non-financial firms and households get from the financial system, stood at 3.42 trillion yuan, nearly double December's count of 1.81 trillion yuan, the People's Bank of China (PBOC, central bank) said in a statement on its website.

"New finance for January came in at a monster 3.42 trillion yuan, ... smashing expectations of a 2.2 trillion yuan total," said Tom Orlik, chief Asia economist at Bloomberg.

"Massive credit expansion reinforces confidence in the immediate growth prospects for the (Chinese) economy," he said.

The prospects for China's economy heading out of the Lunar New Year holiday, which ended on Feb. 13, look a little better than they did heading in, Orlik said.

Seasonality is one factor behind January's record loan haul. Even so, January's total is a significant upside surprise, he said.

In the details, Chinese bank loans exploded to 2.51 trillion yuan, up from 832.3 billion yuan in December and also a new record. Corporate bond issuance increased, rising to 454.7 billion yuan from 356 billion yuan in December.

China's banks normally start the year with a bang, extending loans to their best corporate customers, Orlik said. The timing of the Chinese New Year in early February may also have been a factor, dragging some February lending forward.

Official data also showed that the M2, a broad measure of money supply that covers cash in circulation and all deposits, rose 14 percent year on year to 141.63 trillion yuan at the end of January,

The narrow measure of money supply (M1), which covers cash in circulation plus demand deposits, rose 18.6 percent year on year to 41.27 trillion yuan, the statement said.

The M0, the amount of money in circulation, stood at 7.25 trillion yuan, a year-on-year increase of 15.1 percent. January also saw a net money injection of 931 billion yuan, the central bank said.

In January, yuan-denominated deposits rose 2.04 trillion yuan, an increase of 372.5 billion yuan from a year earlier.

By the end of January, total outstanding loans stood at 101.86 trillion yuan, up 14.1 percent from the previous year. Outstanding deposits in both yuan and non-yuan currencies rose 12.3 percent year on year to 141.99 trillion yuan at the end of January, data showed.

"Taken together with concern about yuan depreciation pressure, booming loan growth adds to reasons the PBOC may take a cautious approach to future rate cuts," Orlik added.

PBOC data also showed that yuan-denominated cross-border trade settlement reached 564.3 billion yuan last month. Direct investment settled in yuan stood at 317.8 billion yuan.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产高清视频免费 | 国产手机看片 | 全高清特级毛片 | 欧美亚洲在线观看 | 国产一级网站 | 91国内精品久久久久怡红院 | 久青草国产97香蕉在线视频xx | 国产精品麻豆一区二区三区v视界 | 欧美日韩看看2015永久免费 | 日韩免费黄色片 | 亚洲精品成人a | 99在线精品免费视频九九视 | 一区二区日韩 | 欧美午夜精品一区二区三区 | 国产系列 视频二区 | 亚洲视频 中文字幕 | 老司机免费福利午夜入口ae58 | 国产精品久久九九 | 婷婷亚洲久悠悠色在线播放 | 女人张开腿给男人桶爽免费 | 亚洲伊人色综合网站小说 | 久久久久久久久久毛片精品美女 | 欧美a级完整在线观看 | 日韩在线观看不卡 | 亚洲欧洲一二三区机械有限公司 | 久色网址| 国产深夜福利视频网站在线观看 | pgone太大了兽王免费视频 | 成人亚洲网 | a级毛片网站 | 97视频免费播放观看在线视频 | 一级色 | 自拍欧美日韩 | 亚洲免费视频网站 | 成人国产一区二区 | 欧美顶级毛片在线播放小说 | 真人一级毛片免费完整视 | 欧美一级毛片欧美毛片视频 | 精品香蕉99久久久久网站 | 亚洲综合亚洲 | 亚洲一区二区三区在线网站 |