China's new yuan loans surge in September
Updated: 2016-10-18 16:40
(Xinhua)
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A clerk counts one hundred yuan banknote at a bank in Beijing, April 13, 2016.[Photo/Agencies] |
BEIJING - China's new yuan-denominated lending continued to surge in September to 1.22 trillion yuan (about $181.3 billion), official data revealed Tuesday.
The monthly lending figure represented an increase of 164.3 billion yuan from the same period a year earlier, the People's Bank of China, the central bank, said in a statement.
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