China's yuan loans grow by 4.92 trln yuan in January

(Xinhua) 15:46, February 09, 2024

BEIJING, Feb. 9 (Xinhua) -- China's yuan-denominated loans rose by 4.92 trillion yuan (692.6 billion U.S. dollars) in January this year, central bank data showed Friday.

The M2, a broad measure of money supply that covers cash in circulation and all deposits, climbed 8.7 percent year on year to 297.63 trillion yuan at the end of last month.

(Web editor: Cai Hairuo, Zhong Wenxing)


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