File photo shows the People’s Bank of China in Beijing, capital of China. [Photo/Xinhua]
BEIJING – China issued 9.78 trillion yuan ($1.36 trillion) in new yuan-denominated loans in the first three months of 2025, central bank data showed on Sunday.
At the end of March, outstanding yuan loans amounted to 265.41 trillion yuan, up 7.4 percent year-on-year, according to the People’s Bank of China.
Tanks to chinadaily.com.cn
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