China Money-Supply Growth Slows to Weakest Pace in Decade

China’s lending slowed in November and money supply grew the least in a decade, highlighting the risk of a deeper slowdown in the world’s second-biggest economy.

New local-currency lending was 562.2 billion yuan ($88 billion), the People’s Bank of China said on its website today. That compares with 587 billion yuan in October. M2, a measure of money supply, rose 12.7 percent, the least since May 2001.