Caixin OnlineFinance & EconomicsTop Stories Finance Closer Look: Gov’t May Struggle to Keep Lid on Total Social Financing
01.25.2013 16:54

Closer Look: Gov’t May Struggle to Keep Lid on Total Social Financing

Controlling debt apart from bank loans will be tricky, but failure to do so would create a host of problems
By staff reporter Huo Kan

The central government has said it would keep the growth of bank loans and total social financing steady this year. But its control over total financing has weakened because the share of bank loans in Total Social Financing (TSF) has declined.

That means it would be very difficult to keep the growth of the money supply at a modest level.

TSF is a term coined by the central bank to monitor aggregate financing apart from yuan bank loans. It contains six other categories: foreign-currency loans, entrusted loans, trust loans, bankers' acceptance bills, corporate bonds and non-financial stock sales.

We hope you have enjoyed your free articles for the month
REGISTER to get 5 more free articles, or SUBSCRIBE to get full access to Caixin
Already a subscriber? Log in now
Sign up to receive our free daily newsletter
Latest Issue
On the Cover:

Swept Away

Issue 104
August, 2016



Economics & Finance
Latest Issue:
Swept Away
Flooding in six provinces may have been made worse by local government support for lake draining and urban sprawl
Issue 104

Subscribe       |       Newsletter        |        FAQ