China's new yuan loans expand in February

0 Comment(s)Print E-mail Xinhua, March 10, 2019
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BEIJING, March 10 (Xinhua) -- China's new yuan-denominated loans stood at 885.8 billion yuan (about 131 billion U.S. dollars) in February 2019, up 46.5 billion yuan year on year, central bank data showed Sunday.

The M2, a broad measure of money supply that covers cash in circulation and all deposits, rose 8 percent year on year to 186.74 trillion yuan at the end of February, according to the People's Bank of China. Enditem

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