China's yuan loans grow by 16.02 trillion yuan in first 3 quarters

China Global Television Network (CGTN) - Oct 14, 2024

China's yuan-denominated loans rose by 16.02 trillion yuan (about $2.27 trillion) in the first three quarters of the year. The M2, a broad measure of money supply that covers cash in circulation and all deposits, climbed 6.8 percent year on year to 309.48 trillion yuan at the end of September.

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