IN BRIEF (Page 9)
China Daily | Updated: 2011-07-16 07:57
Financing fell in first half of 2011
Financing in China decreased by 384.7 billion yuan ($60 billion) from a year earlier to 7.76 trillion yuan in the first half, according to a new central bank measure that looks at lending, bonds and stock sales.
Yuan lending accounted for 53.7 percent of national financing, down 3.2 percentage points from a year earlier, the People's Bank of China said in a statement on Friday.
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