China's new yuan loans up in September
China's new yuan-denominated loans increased by 2.47 trillion yuan.
China's new yuan-denominated loans increased by 2.47 trillion yuan (about 347.5 billion U.S. dollars) in September, central bank data showed Tuesday.
The M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 12.1 percent year on year to 262.66 trillion yuan at the end of last month, according to the People's Bank of China.
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