China has released its January new yuan loans data and it’s a moonshot with bank lending far outstripping any previous month at 2.5 trillion and shadow banks chipping in with another 910 billion:
Year on year January is up 67%: 
M2 hit 14%:
Chinese credit takes moonshot
David Llewellyn-Smith
Tuesday 16 February 2016
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Year on year January is up 67%: The full text of this article is available to MacroBusiness subscribers
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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