日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

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: 免费人成在线观看 | 成人激情小视频 | 国产精品网站在线 | 日韩精品1区2区3区 毛片自拍 | www久久精品 | 久久青青国产 | 无毒不卡 | 国产另类xxxxhd高清 | аⅴ天堂中文在线网 | 国产网址 | 亚洲小视频在线 | 韩国一区二区三区视频 | 成年人在线观看免费视频 | 国产成人精品在线 | 三级黄色片网站 | 半推半就一ⅹ99av | 四虎网页 | 久久123| 69国产精品 | 天美传媒mv免费观看 | 久久精品无码一区二区三区 | 国产精品综合久久久久久 | 一区二区三区视频观看 | 伊人超碰 | 91成人品 | 日韩在线一区二区三区 | 麻豆精品一区二区三区 | 亚洲人免费视频 | 91在线观看入口 | 日韩在线观看 | 久久精品久久久精品美女 | 免费观看成人毛片 | 永久免费毛片在线观看 | 天堂av成人| 日韩视频a | 欧美9999| 在线观看欧美视频 | aaa黄色片| 欧美性猛交ⅹ乱大交3 | 开心激情五月婷婷 | 手机看片国产日韩 |