Money supply growth in China slowed last month

Source: RTTNews
© Scanpix/AP
The People's Bank of China reported on Tuesday that broad money supply of the country's currency advanced, but at a slower pace. Year over year, China's M2 grew by 14.1% last month, which was slower compared to a September's reading of 14.8%. Analysts, however, expected a 14.5% advance in October.

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