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Home / Metal News / China's New Loans Reach 2.6t Yuan in Q1

China's New Loans Reach 2.6t Yuan in Q1

iconApr 13, 2010 08:46
Source:SMM

BEIJING, Apr. 13 -- China's new yuan-denominated lending in March slump to 510.7 billion yuan ($74.8 billion) from February's 700.1 billion yuan , the People's Bank of China, the central bank, said Monday.

The March figure brought new yuan-denominated loans in the first quarter to 2.6 trillion yuan, 1.98 trillion yuan less than the corresponding period of last year.
 

China economy macroeconomy
new loan
People's Bank of China

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