China's new RMB loans reached RMB1.02 trillion in February, beating market expectations of RMB750 billion, according to data released by the People’s Bank of China. Outstanding RMB loan grew by 14.3% in February year-on-year. The aggregate social financing was RMB1.35 trillion, also beating market consensus. China's M2, a broad measure of money supply, increased 12.5% […]
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