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2024

1st LD-Writethru: China's yuan loans grow by 13.27 trillion yuan in H1

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BEIJING, July 12 (Xinhua) -- China's yuan-denominated loans rose by 13.27 trillion yuan (about 1.86 trillion U.S. dollars) in the first half of the year, central bank data showed Friday.

The M2, a broad measure of money supply that covers cash in circulation and all deposits, climbed 6.2 percent year on year to 305.02 trillion yuan at the end of June, according to the People's Bank of China.

The M1, which