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China's new yuan loans rise in March

2022-04-11 16:36

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BEIJING, April 11 (Xinhua) -- China's new yuan-denominated loans totaled 3.13 trillion yuan (about 491.8 billion U.S. dollars) in March, central bank data showed Monday.

The M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 9.7 percent year on year to 249.77 trillion yuan at the end of last month, according to the People's Bank of China.
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