AI Data Insight
China's M2 year-over-year growth rate for Q2 (June) 2026 slipped to 8.0%, not only lower than the previous reading of 8.6% but also missing the market expectation of 8.5%. The sluggish growth in new loans during the same period highlights the depressed borrowing appetite of both businesses and households, indicating increased resistance in transmitting loose monetary policy to the real economy.