Figures released Wednesday by the central bank showed China's broadest measure of money supply, M2, jumped 19.1 percent by the end of May from a year earlier, exceeding economists forecasts and raising expectations the government may take further measures to tighten credit.
The data confirmed earlier reports in the state media that suggested a recent interest rate hike and other measures aimed at discouraging real estate speculation and other risky investments have not yet had much impact, the AP reports.