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Finance News

China's new yuan loans increase in November

China's new yuan-denominated loans stood at 1.25 trillion yuan (about 181 billion U.S. dollars) in November, up from 697 billion yuan in October, central bank data showed Tuesday.
The M2, a broad measure of money supply that covers cash in circulation and all deposits, rose 8 percent year on year to 181.32 trillion yuan at the end of last month, the People's Bank of China said in a statement on its website.

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