China's new yuan loans expand in September

0 Comment(s)Print E-mail Xinhua, October 17, 2018
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China's new yuan-denominated loans stood at 1.38 trillion yuan (about 200 billion U.S. dollars) in September, up from 1.28 trillion yuan in August, central bank data showed Wednesday.

The M2, a broad measure of money supply that covers cash in circulation and all deposits, rose 8.3 percent year on year to 180.17 trillion yuan at the end of September, the People's Bank of China said in a statement on its website. 

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