China Massive Monetary Injection

All of the central banks around the world have been engaging in stimulus to one degree or another. Whether it’s alongside negative rates or extremely low rates, either way, the easy money policy is global. Governments are also engaging in massive stimulus programs that on still ongoing 10 years later despite the constant claims of a rock solid economy. Something doesn’t add up.

China outstanding total social financing up 10.7 pct y/y at end-March - Reuters
https://www.reuters.com/article/china-economy-social-financing-outstandi/china-outstanding-total-social-financing-up-107-pct-y-y-at-end-march-idUSB9N219043
China’s central bank adds local government bonds into calculation for social financing | South China Morning Post
https://www.scmp.com/economy/china-economy/article/2169019/chinas-central-bank-adds-local-government-bonds-calculation
Total Social Financing - China Banking News
http://www.chinabankingnews.com/total-social-financing/
Credit Growth Accelerates After Slowdown in February
https://www.caixinglobal.com/2019-04-12/credit-growth-accelerates-after-slowdown-in-february-101403615.html
china TSF feb 2019 2.jpg (1280×618)

china TS april 2019.jpg (525×287)

china shadow banking march 2019.jpg (1048×539)

Report on the incremental statistics of social financing scale in the first quarter of 2019
http://www.pbc.gov.cn/goutongjiaoliu/113456/113469/3806580/index.html
China Total Social Financing | 2019 | Data | Chart | Calendar | Forecast
https://tradingeconomics.com/china/loans-to-private-sector
https://www.yardeni.com/pub/chinasocialfinance.pdf