This decision, according to the central bank on Monday, reflects changes in the categories of financial products that align with the statistical definition of M1 money supply — the most liquid ...
M1 users also get access to custodial trust accounts, which require you to fill out additional paperwork. Users who want to invest money for short- and medium-term goals should opt for a taxable ...
The country's M1 money supply — which consists of cash in circulation and corporate demand deposits — stood at 63.34 trillion yuan ($8.79 trillion) by the end of October, down 6.1 percent year ...