Business / Macro

China's new yuan loans up in May

(Xinhua) Updated: 2014-06-12 17:23

BEIJING - China's new yuan-denominated lending amounted to 870.8 billion yuan ($141.56 billion) in May, higher than 774.7 billion yuan in April.

On a year-on-year basis, the volume was up 201.4 billion yuan, said the People's Bank of China on Thursday.

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