Thursday, December 12, 2013
Social Financing Scale Slowly Releasing Market Capital Pressure
ANBOUND
Based on the statistics that released by the central bank, China's social financing scale in November was 1.23 trillion yuan. It is 370 billion yuan higher than the previous term and 105.3 billion yuan higher than the same period last year. The social financing scale is growing and slowly releasing market’s capital pressure. ANBOUND research team highlighted that in the near future, Chinese economy will continue deleveraging and slightly tighter market capital will surface. All the relevant parties should work on liquidity control in advance.