China Money Supply M2

Money Supply M2 in China increased to 116070 CNY Billion in March of 2014 from 113180 CNY Billion in February of 2014. Money Supply M2 in China is reported by the People's Bank of China. Money Supply M2 in China averaged 37992.74 CNY Billion from 1996 until 2014, reaching an all time high of 116070 CNY Billion in March of 2014 and a record low of 5840.10 CNY Billion in January of 1996. China Money Supply M2 includes M1 plus short-term time deposits in banks. This page provides - China Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
116070.00 113180.00 116070.00 5840.10 116413.40 | 2014/04 1996 - 2014 CNY Billion Monthly
Current Prices, NSA


China Money Supply M2

CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-01-15 02:00 AM China
Money Supply M2
Dec 2013 13.6% 14.2% 13.9%
2014-02-17 05:00 AM China
Money Supply M2 YoY
Jan 2014 13.2% 13.6% 13.3%
2014-03-10 08:00 AM China
Money Supply M2 YoY
Feb 2014 13.3% 13.2% 13.2%
2014-04-15 08:00 AM China
Money Supply M2 YoY
Mar 2014 12.1% 13.3% 13.0%
2014-05-10 01:00 AM China
Money Supply M2 YoY
Apr 2014 12.1%

Money Last Previous Highest Lowest Forecast Unit
Banks Balance Sheet 1050.00 2014-03-15 644.50 1890.00 -32.10 808.21 2014-04-30 CNY Billion [+]
Central Bank Balance Sheet 325019.77 2014-02-28 331181.51 331181.51 34443.90 324256.52 2014-02-28 CNY Hundred Millions [+]
Foreign Exchange Reserves 3950000.00 2014-03-31 3820000.00 3950000.00 2262.00 4001951.21 2014-04-30 USD Million [+]
Interbank Rate 4.42 2014-04-22 3.85 9.89 0.00 5.75 2014-05-31 Percent [+]
Loan Growth 13.70 2014-03-31 13.90 34.74 10.60 13.26 2014-03-31 Percent [+]
Loans To Private Sector 135479.19 2014-03-31 133038.25 135479.19 59105.90 134588.29 2014-03-31 Hundreds CNY Million [+]
Money Supply M0 5830.00 2014-03-31 6230.00 7650.00 17.85 6388.43 2014-03-31 CNY Billion [+]
Money Supply M1 32770.00 2014-03-31 31660.00 33726.06 74.51 32686.85 2014-03-31 CNY Billion [+]
Money Supply M2 116070.00 2014-03-31 113180.00 116070.00 5840.10 116413.40 2014-04-30 CNY Billion [+]
Interest Rate 6.00 2014-03-31 6.00 10.98 5.31 6.00 2014-04-30 Percent [+]

Money Supply M2 | Notes
Money Supply is the aggregate amount of monetary assets available in a country at a specific time. According to the Financial Times, Money Supply M0 and M1, also known as narrow money, includes coins and notes in circulation and other assets that are easily convertible into cash. Money Supply M2 includes M1 plus short-term time deposits in banks. Money Supply M3 includes M2 plus longer-term time deposits. Money Supply includes M3 plus other deposits. And the term broad money is used to describe Money Supply M2, M3 or M4.


China Cuts Reserve Ratio for Rural Banks  
The People's Bank of China decided to cut the reserve requirement ratio by 2 percentage points for rural commercial banks and by 0.5 percentage point for rural credit cooperatives, aiming to stimulate growth in some parts of the country. The cut will be effective from April 25th, 2014.
China’s Economy Expands 1.4% QoQ in Q1  
In the first three months of 2014, the Chinese GDP slowed for the third straight quarter. The economy expanded 1.4 percent quarter-on-quarter, down from a revised 1.7 percent increase in the last three months of 2013.
Chinese GDP Growth Slows in Q1  
China’s economy advanced 7.4 percent in the first quarter of 2014, slowing from a 7.7 percent expansion in the previous period, but beating market forecasts. It is the lowest growth since the third quarter of 2012, as exports and imports contracted and growth in fixed asset investment eased.
China Inflation Rate Accelerates in March  
Higher fresh food prices boosted Chinese annual consumer prices up to 2.4 percent in March of 2014, after slowing to 2 percent in the previous month. On a monthly basis, prices fell 0.5 percent.
China Reports Trade Surplus in March  
China's exports declined 6.6 percent in March of 2014 from a year earlier, while imports dropped 11.3 percent, leaving the country with a trade surplus of USD 7.7 billion. Although the trade balance rebounded from its USD 23 billion deficit in February, it was the second consecutive month exports contracted.
PBOC Widens Yuan’s Daily Trading Band  
People’s Bank of China decided on March 15th, 2014 to widen the trading band, allowing the Yuan to fluctuate by 2 percent from the parity daily, up from the previous 1 percent target. The decision, effective from March 17th aims to enable the market to play its roles and make the Yuan a freer currency.
China Inflation Decelerates in February  
Chinese annual inflation rate slowed to 2 percent in February after growing 2.5 percent in each of previous two months. It was the lowest rate in thirteen months.
China Posts Trade Deficit in February  
Chinese trade balance turned into a USD 22.9 billion deficit in February of 2014, the highest in two years, as exports tumbled 18 percent over a year earlier on Lunar Year distortions.
People’s Bank of China Drains Funds to Curb Lending Surge  
On February 18th, 2014, People’s Bank of China drained CNY 48 billion (USD 7.9 billion) from money markets to absorb liquidity, as bank lending jumped more than expected in January.
China Annual Inflation Rate Rises 2.5% in January  
China's consumer prices rate held steady at 2.5 percent in January, while producer prices fell 1.6 percent, official data from the National Bureau of Statistics showed.


US Durable Goods Orders Surge in March  
New orders for manufactured durable goods in March increased $6.0 billion or 2.6 percent to $234.8 billion. This increase, up two consecutive months, followed a 2.1 percent February increase.
US Jobless Claims Rise in Latest Week  
In the week ending April 19, the advance figure for seasonally adjusted initial claims was 329,000, an increase of 24,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Central Bank of Turkey Leaves Main Rates on Hold  
The Monetary Policy Committee decided on April 24th, 2014, to leave the one-week repo rate on hold at 10.0 percent for the third straight meeting. The Central Bank said it will maintain the current policy stance until there is a significant improvement in the outlook for inflation.
Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.

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