China's new yuan loans hit new high in January

0 Comment(s)Print E-mail Xinhua, February 12, 2018
Adjust font size:

China's new yuan-denominated loans in January hit 2.9 trillion yuan (about US$458.2 billion), 867 billion yuan more than the same period a year earlier and a record high, central bank data showed Monday.

The M2, a broad measure of money supply that covers cash in circulation and all deposits, reached 172.1 trillion yuan at the end of January, up 8.6 percent year on year, compared with an 8.1-percent increase a month earlier, the People's Bank of China said in a statement. 

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter