China's July 2026 Financial Data Shows Slower Growth in Real Economy Financing, M2 Up 7.7% YoY

Published: Aug 17, 2026 11:13

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The People’s Bank of China released financial data for July 2026. In the first seven months of 2026, cumulative growth in aggregate financing to the real economy totaled 2.225 trillion yuan, 174 billion yuan less than the same period last year. At month-end July, the balance of broad money (M2) stood at 35.551 trillion yuan, up 7.7% YoY.

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