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15 July 2015

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China's Yuan Loans Grow by 6.37 Trln Yuan in First 2 Months

2024-03-16 T | T Download Print
BEIJING, March 15 (Xinhua) -- China's yuan-denominated loans rose by 6.37 trillion yuan (897.5 billion U.S. dollars) in the first two months of this year, central bank data showed Friday.

The M2, a broad measure of money supply that covers cash in circulation and all deposits, climbed 8.7 percent year on year to 299.56 trillion yuan at the end of last month.

Source: Xinhua