FX.co ★ China’s M2 Growth Slows to 8.0% in June, Easing From May’s 8.6% Pace

China’s broad money supply (M2) growth eased in June 2026, with the year-over-year expansion slowing to 8.0%, down from 8.6% in May 2026.

The data, updated on 15 July 2026, show that while liquidity in the Chinese financial system continues to expand on an annual basis, the pace of growth has moderated. Both the current and previous readings are calculated as year-over-year changes, comparing each month’s M2 level with the same month a year earlier.

The deceleration from May to June suggests a slight tightening in monetary conditions or a cooling in credit creation, as the banking system and broader financial sector adjust to evolving economic and policy conditions. Investors and analysts will be watching upcoming releases to see whether June’s slowdown marks the start of a broader trend in China’s money supply dynamics.