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The Xi leadership rushes to deal with economic woes immediately after the conclusion of Beidaihe

     SinoInsight  1      Economic data Aug. 12 The People’s Bank of China released financial data for July 2022 showing: Money supply  China’s balance of broad money (M2) and narrow money (M1) at the end of July was 257.81 trillion yuan (a six-year high) and 66.18 trillion yuan (new high since April 2021) respectively. The …

Read moreThe Xi leadership rushes to deal with economic woes immediately after the conclusion of Beidaihe

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