BEIJING — China's new yuan-denominated loans totaled 1.27 trillion yuan (about $200 billion) last month, down 160.5 billion yuan from the same period last year, central bank data showed on Dec 9.

The M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 8.5 percent year-on-year to 235.6 trillion yuan at the end of November, the data showed.