Money Supply and TSF Increase in March

M2 increased 13.4% in March. TSF was up 2.3 trillion, one of the largest increases stretching back several years.

One chart I added this month is the monthly change in M2, which shows money supply isn't running any faster than it has over the past 3 years. The numbers are big again this month, but large short-term spikes have faded before.

Daily Mail:China March new yuan loans rise to 1,370 bln yuan, beating forecasts