China's Social Financing Gained 10% More Than Expected on January
Liao Shumin
DATE:  Feb 21 2020
/ SOURCE:  yicai
China's Social Financing Gained 10% More Than Expected on January China's Social Financing Gained 10% More Than Expected on January

(Yicai Global) Feb. 20 -- China's total social financing, a broad gauge of credit and liquidity in the economy, widened by CNY5.07 trillion (USD722.7 billion), or 10 percent more than economists predicted, to CNY256.36 trillion (USD36.5 trillion) by the end of last month from a month earlier.

New yuan loans surged 12 percent more than economists forecast at CNY3.34 trillion, according to data released by the People's Bank of China today.

Editor: Emmi Laine 

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Keywords:   Total Social Financing,New Yuan Loans