三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

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: 国产精品久久久久毛片真精品 | 国模私拍福利一区二区 | 五月天婷婷亚洲 | 国产人做人爱视频精品 | 老黄网站在线观看免费 | 久久久网站亚洲第一 | 成人性爱视频在线观看 | 亚洲丝袜第一页 | 亚洲国产精品久久久久久网站 | 最新69成人精品毛片 | 特级毛片8级毛片免费观看 特级毛片aaaaaa蜜桃 | 91国视频在线观看 | 日本一级在线播放线观看视频 | 我要看黄色一级大片 | 亚洲精品无线乱码一区 | 久久尤物视频 | 98色花堂国产第一页 | 欧美成人免费高清网站 | 亚洲欧美日韩综合一区久久 | 欧美日韩中文字幕久久伊人 | 亚洲精品视频在线看 | 一级特黄国产高清毛片97看片 | 亚洲国产成人久久 | 不卡一区二区在线观看 | 日韩在线视频免费观看 | 欧美黄色片视频 | 最新国产三级久久 | 久久国产精品视频一区 | 亚洲午夜大片 | 草逼视频免费观看 | 国产精品视频自拍 | 成人国产mv免费视频 | 国产人成精品香港三级古代 | 美日韩精品 | 免费观看日本高清a毛片 | 欧美性生活视频免费播放网址大全观看 | 妞干网免费在线观看 | 中文字幕在线播放第一页 | 在线国产视频一区 | 欧美成人性高清观看 | 欧美黄视频网站 |