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China's M2 up 13.30% to RMB 142.46 trln in end Feb 2016

Mar 15, 2016 (China Knowledge) - China's M2, a broad measure of money supply that covers cash in circulation and all deposit, went up 13.30% year on year to RMB 142.46 trillion at the end of Feb 2016, according to statistics released by the People's Bank of China.

M1, which includes coins and currency in circulation, went up 17.40% year on year to RMB 39.25 trillion at the end of Feb.

M0, or cash in circulation, saw a decline of 4.8% from a year earlier to RMB 6.94 trillion at the end of Feb.

China saw its outstanding RMB loans reach RMB 102.53 trillion at the end of last month, posting an increase of 13.60% over the previous year.

As of the end of Feb 2015, the country's outstanding RMB deposits went up 13.00% year on year to RMB 138.60 trillion. 

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