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2024

China's yuan loans grow by 11.14 trillion yuan in first 5 months

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BEIJING, June 14 (Xinhua) -- China's yuan-denominated loans rose by 11.14 trillion yuan (about 1.57 trillion U.S. dollars) in the first five months of this year, central bank data showed Friday.

The M2, a broad measure of money supply that covers cash in circulation and all deposits, climbed 7 percent year on year to 301.85 trillion yuan at the end of last month.