To see the latest data please see the label Chinese Money Supply
This is the latest money supply data from the People's Bank of China and China's National Bureau of Statistics. The English language version hasn't been updated in quite some time, but the Chinese-language version is regularly updated, although it seems like not in a normal schedule. As I've mentioned before, one of the requirements for a Chinese property bubble would be a large and rapid expansion of credit.
Please note that, purportedly because of demand for physical cash money, there is a significant distortion around the Chinese New Year.
As you can see in the first graph, the reserve rate keeps dropping, indicating an increase in loans, but the second graph shows us that, even if growth is still positive, it is at least no longer accelerating. This is what Pettis described as Beijing's stop-and-go measures in May of this year.
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