China' new loans stand at 2.24t yuan in Q1

Updated: 2011-04-14 16:38

(Xinhua)

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BEIJING - The People's Bank of China (PBOC), the country's central bank, said Thursday that new yuan-denominated loans stood at 2.24 trillion yuan ($342.83 billion) in the first quarter of 2011.

The figure was 352.4 billion yuan less than that in the same period of last year, said the PBOC in a statement on its website.

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