Latest Chinese data on money supply and loans growth released - 12 June 2018

  • Prior +8.3%
  • New yuan loans CNY 1,150.0 bn vs CNY 1,200.0 bn expected
  • Aggregate financing CNY 760.8 bn vs 1,300.0 bn expected

Credit growth continues to stay tight as you'd expect from Chinese officials as they look to further clamp down on financial risks and seek further deleveraging of the economy.