Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
 -
 -
China July new lending slows to 355.9 bln yuan
+ -
13:12, August 11, 2009

 Comment  Tell A Friend
 Print Format  Save Article
New yuan-denominated loans slowed to 355.9 billion yuan (52.04 billion U.S. dollars) in July, sharply down from 1.53 trillion yuan in June, China's central bank said Tuesday on its website.

The July figure brought new loans in the first seven months to 7.73 trillion yuan, far exceeding the annual target of 5 trillion yuan.

The broad measure of money supply, M2, which covers cash in circulation and all deposits, rose 28.42 percent year on year to 57.3 trillion yuan at the end of July, according to the People's Bank of China.

The narrow measure of money supply, M1 (cash in circulation plus corporate current deposits), was up 26.37 percent to 19.59 trillion yuan.

Renminbi deposits increased 399.3 billion yuan in July. That was compared with a rise of 2 trillion yuan in June.

Source:Xinhua




  Your Message:   Most Commented:
LA police: Michael Jackson death may have been 'homicide'
Chinese netizens call for punishing Turkey
Al-Qaida threatens Chinese abroad
Public angered by Turkish PM's 'genocide' accusation
Is Washington playing a deeper game with China?

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90778/90857/90859/6724628.pdf