Chinese lending data out a short while ago 15 Aug
- new yuan loans 825.5bln vs 800bln exp
- end-July yuan lending +13.2% vs 2016 and 13% exp
- total social financing 1.22trln yuan
- outstanding total social financing +13.2% yy at 168trln yuan
- end-july fx depos $794.6bln vs $793.1bln prev
Still plenty of liquidity being thrown into the mix.
