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China's new yuan loans up in September
Updated: Oct 12, 2022
Xinhua
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BEIJING - China's new yuan-denominated loans increased by 2.47 trillion yuan ($347.5 billion) in September, central bank data showed Tuesday.
The M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 12.1 percent year-on-year to 262.66 trillion yuan at the end of last month, according to the People's Bank of China.
