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Balance of China's yuan loans up in July

BEIJING
2022-08-15 11:13

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BEIJING, Aug. 15 (Xinhua) -- The balance of China's yuan-denominated loans increased by 679 billion yuan (about 100.7 billion U.S. dollars) in July, central bank data showed Friday.

The M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 12 percent year on year to 257.81 trillion yuan at the end of last month, according to the People's Bank of China.
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