Abstract : China's new yuan-denominated loans hit 1.7 trillion yuan (about 240 billion U.S. dollars) in April, a year-on-year rise of 681.8 billion yuan, central bank data showed on Monday.
BEIJING, May 11 (Xinhua) -- China's new yuan-denominated loans hit 1.7 trillion yuan (about 240 billion U.S. dollars) in April, a year-on-year rise of 681.8 billion yuan, central bank data showed on Monday.
The M2, a broad measure of money supply that covers cash in circulation and all deposits, rose 11.1 percent year on year to 209.35 trillion yuan at the end of April. Enditem
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Keyword:
yuan-denominated loans