how has the money supply for china grown lately

China's money supply has shown moderate growth recently:

- **M1 Money Supply**: M1, which includes cash and corporate demand deposits, narrowed its year-on-year contraction to -6.1% in October 2024, marking the first improvement in nine months. Previously, it had been declining since April 2024[1].

- **M2 Money Supply**: M2, a broader measure including M1 plus savings and time deposits, grew 7.3% year-on-year in December 2024, slightly up from 7.1% in November. By January 2025, the growth rate slowed to 7% but remained significant, with the total reaching a record high of 318.46 trillion yuan[2][3][4].

This indicates gradual recovery in China's monetary environment following earlier slowdowns.

Citations:

[1] Money supply giving off recovery signs - Chinadaily.com.cn https://www.chinadaily.com.cn/a/202411/14/WS67355637a310f1265a1cd4cb.html

[2] China M2 Growth, 1997 – 2025 | CEIC Data https://www.ceicdata.com/en/indicator/china/m2-growth

[3] China Money Supply M2 - Trading Economics https://tradingeconomics.com/china/money-supply-m2

[4] China M2 Money Supply Monthly Analysis - YCharts https://ycharts.com/indicators/china_m2_money_supply

[5] China M2 Money Supply YoY Monthly Analysis - YCharts https://ycharts.com/indicators/china_m2_money_supply_yoy

[6] growth rate of money supply - China - Statista https://www.statista.com/statistics/235077/growth-rate-of-chinas-money-supply/

[7] How Does China Manage Its Money Supply? - Investopedia https://www.investopedia.com/articles/investing/072815/how-does-china-manage-its-money-supply.asp

[8] Fixing China's Monetary Disequilibrium to Break the Deflation Cycle https://carnegieendowment.org/posts/2024/09/fixing-chinas-monetary-disequilibrium-to-break-the-deflation-cycle?lang=en