December M2 grew at 1.3% mom in December, the 5th fastest month of the year. Since December 2014 saws faster growth, yoy growth slowed to 13.3%.
Total social financing in December was the third highest monthly figure, almost tying June's figure. Reuters: China Dec new yuan loans hit 597.8 bln yuan, well short of expectations. Bloomberg: China's Credit Jumps Most Since June on Surging Bond Sales
FTAV’s further reading
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Stupidity; Soho; Stiglitz; and spam
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