China's M2 money supply increased by 8% year-on-year in November, reaching 336.99 trillion yuan, according to the People's Bank of China. The M1 money supply grew at an annualized rate of 4.9%. Total social financing at the end of November stood at 440.07 trillion yuan, marking an 8.5% increase from the previous year. Government bonds outstanding amounted to 94.24 trillion yuan, up 18.8% year-on-year, while RMB loans totaled 267.42 trillion yuan, a 6.3% rise. In the first eleven months, social financing increased by 33.39 trillion yuan, 3.99 trillion yuan more than the same period last year, with government bond net financing reaching 13.15 trillion yuan.
China's M2 Money Supply Rises 8% in November, Social Financing Hits 440 Trillion Yuan
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