China’s August CPI 0.3% m/m, as expected (last 0.2%); 0.1% yr/yr, as expected (last -0.3%).
August PPI -3.0% yr/yr, as expected (last -4.4%).
August New Loans CNY1.36 trln (expected CNY1.20 trln; last CNY345.9 bln)
August total social financing CNY3.12 trln (expected CNY2.46 trln; last CNY528.2 bln)
China Securities Journal speculated that the People’s Bank of China will continue lowering the reserve requirement ratio.