PBOC official says China's money supply is 'moderate' - ConsultFX

PBOC official says China's money supply is 'moderate'

Comments by an unnamed PBOC official With reference to the credit growth data earlier . here The miss on estimates in the data earlier and the decline in M2 continues to highlight the effect of the crackdown on shadow banking by Chinese authorities. Credit growth is slowing - which is a measurement of China's efforts in cutting down