Business

China's new yuan loans on the rise

Xinhua

Updated: 2020-07-10 17:30

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An employee counts money at a bank in Huaibei, Anhui province. [Photo by Xie Zhengyi/For China Daily]

BEIJING - China's new yuan-denominated loans hit 1.81 trillion yuan ($258.78 billion) in June, a year-on-year increase of 147.4 billion yuan, the central bank data showed Friday.

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