BEIJING, April 14 China's outstanding total
social financing was 162.82 trillion yuan ($23.65 trillion) at
the end of March, up 12.5 percent from a year earlier, the
central bank said on Friday.
Total social financing (TSF), a broad measure of credit and
liquidity in the economy, had dropped to 1.15 trillion yuan in
February from a record 3.74 trillion yuan in January.
TSF includes off-balance sheet forms of financing that exist
outside the conventional bank lending system, such as initial
public offerings, loans from trust companies and bond sales. It
can also hint at trends in China's vast shadow banking sector.
China's foreign exchange deposits were at $772.2 billion at
the end of March, compared with $752.6 billion a month earlier,
the central bank added.
($1 = 6.8850 Chinese yuan)
(Reporting by Beijing Monitoring Desk; Editing by Richard
Borsuk and Sam Holmes)