Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (2804)	3/12/2004 7:24:49 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

China end-Feb money supply up 19.4 pct yr/yr Reuters, 03.12.04, 1:12 AM ET BEIJING, March 12 (Reuters) - China's broad M2 money supply was up 19.4 percent at the end of February from the same period a year earlier, the central People's Bank of China said on Friday. The narrower M1 money supply was up 19.8 percent, the bank said on its Web site at www.pbc.gov.cn. Cash in circulation, or M0, was up 10.9 percent. The central bank has worried that rapid monetary growth could worsen overinvestment in sectors like property and increase inflationary pressures. The bank has tried to trim lending through steps such as raising the bank reserve requirement last year. China's M2 was up 18.1 percent at the end of January from the same period a year earlier. M1 was up 15.7 percent while M0 was up 4.9 percent at the end of that month. China's M2 includes M1, personal savings, institutional time deposits and other deposits. M1 includes M0 and institutional demand deposits. Copyright 2004, Reuters News Service forbes.com