In 2017, broad money for China was 167,577,363 million LCU. Between 1998 and 2017, broad money of China grew substantially from 10,556,011 million to 167,577,363 million LCU rising at an increasing annual rate that reached a maximum of 28.42 % in 2009 and then decreased to 8.11 % in 2017.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.