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By the end of last year, according to research by Herbert Poenisch, a former senior economist at the Bank for International Settlements, China's M2 outstanding reached 300 percent of GDP, compared with 75 percent in the US and nearly 100 percent in the eurozone even after years of quantitative easing.
Byton unveiled its first showroom, called Byton Place, on Friday in Shanghai. [Photo provided to China Daily]
CDB president Zheng Zhijie at the Boao Forum for Asia on March 27, 2019. [Photo/VCG]
By the end of September, bonds in China's interbank market held by foreign institutions totaled 2.94 trillion yuan (3.65 billion), said the Shanghai Head Office of the People's Bank of China in its latest report.
By pressing ahead with supply-side structural reforms the Chinese economy has become more resilient, Zhao said.
来源：资阳报