# M2
Latest news and articles about M2
Total: 5 articles found
China's Money Supply Rises as Deposits Flood In but Credit Growth Remains Modest
The People's Bank of China reported 9% year‑on‑year M2 growth at end‑February and Rmb9.26 trillion of new yuan deposits in the first two months of 2026, while net new RMB loans rose Rmb5.61 trillion. Abundant liquidity has lowered short‑term market rates, but the structure of financing—larger government bond share and modest private credit uptake—highlights uneven demand for credit and active fiscal financing.
China’s Credit Surge and Low Borrowing Costs Propel a Steady Start to 2026
China opened 2026 with a notable expansion of credit and money supply: January M2 grew 9.0% year‑on‑year while social financing rose 8.2%. Government bond issuance and a significant rise in bank lending—particularly medium‑ and long‑term corporate loans—underpinned the pickup, while financing costs remained low, supporting firms and infrastructure projects.
Safe‑haven Surge and Regulatory Tightening: Gold Rallies as Tech Slips and Beijing Reins in Platform Lending
Gold and silver surged as investors skittishly rotated away from technology stocks amid heightened geopolitical rhetoric from Washington and mixed macro signals. In China, regulators tightened rules on platform‑linked consumer lending while the central bank reported continued credit growth, underscoring Beijing’s dual focus on innovation and financial stability.
China Starts the Year with Ample Liquidity: M2 Rises 9% as Deposits and Government Bond Financing Surge
China’s central bank data for January show broad money (M2) up 9% and an increase of 8.09 trillion yuan in RMB deposits, while total social financing expanded by 7.22 trillion yuan. Government bond issuance and short‑term bank credit powered the monthly financing increase, against a backdrop of plentiful interbank liquidity and low short‑term rates.
China’s Bank Deposits Aren’t Vanishing — They’re Changing Form, Says PBOC
China’s central bank says the recent shift of household and corporate savings into asset-management products is reshaping the composition of bank funding rather than draining funds from the banking system. Most AMP assets are invested in fixed income and interbank deposits, meaning that much reallocated money ultimately remains within bank balance sheets when viewed on a consolidated basis.