China's new yuan loans at 2.81 trln yuan in June
Source: Xinhua | 2022-07-12
China's new yuan-denominated loans totaled 2.81 trillion yuan (about 419.65 billion U.S. dollars) in June, central bank data showed Monday.
The M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 11.4 percent year on year to 258.15 trillion yuan at the end of last month, according to the People's Bank of China.
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