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Decline in new yuan lending in January

By Gao Changxin | China Daily | Updated: 2011-02-16 07:51

Decline in new yuan lending in January

A bank employee counts renminbi at a bank in Qionghai, Hainan province. Chinese banks extended 1.04 trillion yuan ($157.8 billion) of new loans in January. Meng Zhongde / For China Daily

The nation's banks lent 1.04 trillion yuan in the first month of 2011

Decline in new yuan lending in January

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