2020-12-11 03:28:08 GMT2020-12-11 11:28:08(Beijing Time) Sina English
China's key financial indicators showed stable growth in November, except for the slight slowdown in total social financing, an indication that the fiscal stimulus to weather COVID-19-induced downturn is peaking and monetary policy may gradually return to normal, experts said.
Total social financing, a broad measure of financing for the real economy, reached 2.13 trillion yuan ($325 billion) in November, up 13.6 percent on a yearly basis, but down 0.1 percentage point on a monthly basis, the first monthly drop so far this year, the People's Bank of China, the central bank, said in an announcement.