{"id":415456,"date":"2010-03-11T00:02:00","date_gmt":"2010-03-11T05:02:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/the-loans-number-china-will-drown-its-skeptics-with-2010-3"},"modified":"2010-03-11T00:02:00","modified_gmt":"2010-03-11T05:02:00","slug":"the-loans-number-china-will-drown-its-skeptics-with","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/415456","title":{"rendered":"The Loans Number China Will Drown Its Skeptics With"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4b9863567f8b9a467f5f0300-400-\/scorpion-bowl.jpg\" border=\"0\" alt=\"Scorpion Bowl\" width=\"400\" \/><\/p>\n<p>While Chinese food prices may be <a href=\"http:\/\/www.businessinsider.com\/chinese-food-inflation-2010-3\">uncomfortably rising<\/a>, here&#8217;s the data point the government will bandy about in order to dull criticism of their economic policy:<\/p>\n<p>Bank lending grew by just 700 billion yuan in February, well below 1.39 trillion in January, and comfortingly 35% below the 1.07 trillion in new loans created during February 2009.<\/p>\n<p>At the same time M2 money supply growth slowed in February, to 25.5% year over year from 26% in January, which indicates stabilization for now.<\/p>\n<p>So drink up on this loans data. Consensus sure is, since they expect a soft landing.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/the-loans-number-china-will-drown-its-skeptics-with-2010-3#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/the-economist-dont-worry-america-theres-life-after-the-fall-of-an-empire-2010-3\">The Economist: Don&#8217;t Worry America, There&#8217;s Life After The Fall Of An Empire<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/china-is-cracking-down-on-real-estate-financing-2010-3\">It Begins: China Cracks Down On The Shadow Banking System That Is Inflating Its Real Estate Bubble<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/chinas-exports-outstrip-expectations-2010-3\">The World&#8217;s Largest Trade Distortion Annihilates Expectations<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/KoR7rzZozFg\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>While Chinese food prices may be uncomfortably rising, here&#8217;s the data point the government will bandy about in order to dull criticism of their economic policy: Bank lending grew by just 700 billion yuan in February, well below 1.39 trillion in January, and comfortingly 35% below the 1.07 trillion in new loans created during February [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-415456","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/415456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=415456"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/415456\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=415456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=415456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=415456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}