Arab Today, arab today china\s new yuan loans at 301tr in q1
Last Updated : GMT 19:57:16
Arab Today, arab today
Arab Today, arab today

China\'s new yuan loans at 3.01tr in Q1

Arab Today, arab today

Arab Today, arab today China\'s new yuan loans at 3.01tr in Q1

Beijing - XINHUA

China's new yuan-denominated lending in the first quarter amounted to 3.01 trillion yuan (488.9 billion U.S. dollars), according to a statement issued by the central bank on Tuesday. M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 12.1 percent year on year to 116.07 trillion yuan at the end of March, the People's Bank of China said.

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