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China's yuan loans grow by 13.53 trillion yuan from Jan-July
Updated: August 13, 2024 18:53 Xinhua

BEIJING, Aug. 13 -- China's yuan-denominated loans rose by 13.53 trillion yuan (about 1.89 trillion U.S. dollars) in the first seven months of the year, central bank data showed on Tuesday.

The M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 6.3 percent year on year to 303.31 trillion yuan at the end of July.

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