## Figure 1.25. China: Impact of Regulatory Tightening on Credit Expansion

## Source details

**Canonical URL:** [Figure 1.25. China: Impact of Regulatory Tightening on Credit Expansion](https://www.imf.org/-/media/files/publications/gfsr/2019/april/english/ch1data/ch1csv/figure1-25.csv)

## Other formats

- [Markdown version](/-/media/files/publications/gfsr/2019/april/english/ch1data/ch1csv/figure1-25.csv.md)
- [Structured JSON version](/-/media/files/publications/gfsr/2019/april/english/ch1data/ch1csv/figure1-25.csv.json)

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### 1. Contribution to Bank Asset Growth (Percent, year-over-year growth)
- Column headings: Claims on financial sector; Claims on nonfinancial sector; Other assets
- Sample values (dates appear as row labels in the dataset):
  - 1/1/2014: 2.97; 9.22; 1.42
  - 2/1/2014: 3.96; 9.28; 1.59

### 2. Net Increase in Credit (Trillions of renminbi)
- Label: Net borrowing (trillions of renminbi)
- Time-series sample values (sequence as provided):
  - 8.02
  - 21.40
  - 23.76
  - 34.25
  - 30.45
  - 36.33
  - 39.54
  - 22.40
  - 19.99
  - 24.23
  - 27.92
  - 31.00
  - 36.16
  - 33.06
  - 44.32
  - 42.79

### 3. Wealth Management Product (WMP) Yield and Three-Year AAA Corporate Bond Yield (Percent, basis points)
- Column headings: WMP yield; 3-year AAA corporate bond yield; Differentials
- Sample date-value entries (dates appear in dataset as monthly markers):
  - 6/1/2014: WMP yield entry present; separate cell shows 5.09 (associated in row)
  - 6/1/2014 (alternate row): 5.09
  - 7/1/2014: 4.93
  - (Differentials) sample value: -21.88

### 4. Investment Vehicle Borrowing in Interbank Market and from Sponsor Banks
- Labels present in dataset: "Big banks: loans"; "Big banks: shadow credit"; "Investment vehicle borrowing in interbank market and from sponsor banks" (section header)
- Sample values for "Big banks: loans" (by year/period):
  - 2013: 4.05
  - 2014: 3.90
  - 2015: 3.67
  - 2016: 4.43
  - 2017: 4.60
  - 2018:H1: 2.84
- Sample values for "Big banks: shadow credit" (by year/period):
  - 2013: 2.21
  - 2014: 1.46
  - 2015: 1.90
  - 2016: 0.52
  - 2017: 0.13
  - 2018:H1: -0.19

*Dataset: Figure 1.25. China: Impact of Regulatory Tightening on Credit Expansion (csv worksheet sample rows and columns as provided).*

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_Source: https://www.imf.org/-/media/files/publications/gfsr/2019/april/english/ch1data/ch1csv/figure1-25.csv_