Press "Enter" to skip to content

China’s credit growth hit record in January

China's total social financing (TSF), a broad measure of credit and liquidity in the economy including the shadow banking, hit a record high of 4.64 trillion yuan in January, said the People's Bank of China on Friday.

That's far more than 3.3 trillion yuan increase expected by analysts polled by Reuters and sharply higher than 1.59 trillion yuan in December.

TSF includes off-balance sheet forms of financing outside the conventional bank lending system, such as initial public offerings, loans from trust companies and bond sales.

Chinese banks extended 3.23 trillion yuan new . . .

To continue reading, please subscribe:


We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. 

Not satisfied with general information that you can get everywhere? Join us now! We go deeper to bring you details, data and perspectives you won't read elsewhere!

What you'll get:

  • In-depth & data-driven reporting on China's economy and financial markets
  • Daily Brief newsletter delivered before market open every weekday. You don't have to spend time to source information about this market. We do it for you! You only need to spend 10 minutes every day to read our newsletter! 
  • Exclusive interviews with China experts. We find you insights you should never miss!
  • Conference calls and events. Nothing is better than talking to newsmakers, experts and reporters directly, right?


Already have an account? Sign In