MNI BRIEF: China March M2 Grows By 7% Y/y For Third Month

Apr-13 10:00
PBOC

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China's M2 money supply grew by 7.0% y/y for a third consecutive month in March, in line with market forecasts, as credit demand rebounded and government bond issuance increased, data released on Sunday by the People's Bank of China showed. M1 money...