China Sept M2 money supply yy +9.2% vs 8.9% exp

China's September money supply lending data published earlier 14 Oct - 8.9% prev - new yuan loans 1.27trln yuan vs 1.1trln exp - end-Sept yuan lending yy +13.1% vs 13.0% exp New lending easily beating expectations as the Chinese govt encourage  credit-fuelled economic growth to meet targets.  A risky strategy given the fine balance needed.
China Sept M2 money supply yy +9.2% vs 8.9% exp