Balance of loans in Shanghai rises in April
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E-mail Xinhua, May 22, 2021
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SHANGHAI, May 22 (Xinhua) -- The balance of loans in Shanghai stood at 8.9 trillion yuan (about 1.38 trillion U.S. dollars) at the end of April, up 10.6 percent from the same period last year.
The balance of loans in RMB reached 8.2 trillion yuan at the end of April, up 10.6 percent year on year, and the growth rate was 0.2 percentage points higher than the previous month, according to the People's Bank of China Shanghai Head Office.
The balance of foreign currency loans hit 107.7 billion U.S. dollars at the end of April, up 19.4 percent year on year. Enditem
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