BEIJING – China reported unexpectedly strong credit growth for February, with money supply expanding at the fastest pace in nearly seven years, as Beijing looks to support a nascent economic recovery amid rising global risks. The government's lifting of harsh pandemic curbs in December and other policy easing measures have started to rekindle credit demand in the world's second-largest economy, after a COVID-induced slump in business and consumer confidence in the last few years. Growth of outstanding total social financing (TSF), a broad measure of credit and liquidity in the economy, quickened to 9.

https://business.inquirer.net/390390/chinas-february-credit-grows-faster-than-expected-supporting-recovery

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