1st LD-Writethru: China's yuan loans grow by 15.73 trln yuan in H1
BEIJING, July 11 (Xinhua) -- China's yuan-denominated loans rose by 15.73 trillion yuan (2.19 trillion U.S. dollars) in the first half of the year, central bank data showed Tuesday.
In June alone, the yuan-denominated loans rose by 3.05 trillion yuan, according to the People's Bank of China.
The M2, a broad measure of money supply that covers cash in circulation and all deposits, climbed 11.3 percent year