- China’s January credit growth came in at new record high, beating expectations notably, with surging new loans as well as solid non-bank financing, especially bond financing. Overall credit conditions have turned more accommodative since 2H15
- PBOC issued a slew of measures Tues aimed at supporting economic growth. The People's Bank of China will guide steady growth in credit and money supply and use various tools to maintain adequate liquidity, it said in a document jointly issued with seven other top ministries and regulators – http://www.foxbusiness.com/markets/2016/02/16/china-central-bank-issues-guidance-to-support-growth.html
- China’s cabinet has discussed lowering the ratio of provisions banks must set aside for bad loans – http://www.bloomberg.com/news/articles/2016-02-16/china-said-to-weigh-cutting-minimum-bad-loan-coverage-ratio-ikp2nchf
- Chinese Premier Li criticized the nation’s financial regulators for their recent handling of the stock market and yuan sell-off. “Looking back, the major responsible departments took inadequate actions and had internal management issues” – http://www.bloomberg.com/news/articles/2016-02-16/chinese-premier-faults-regulators-handling-of-stocks-yuan-rout