US EditionChina Issues 10.06 Trillion Yuan in New Loans in First Four Months
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China Issues 10.06 Trillion Yuan in New Loans in First Four Months
File photo shows an exterior view of the People's Bank of China in Beijing, capital of China. (Photo/Xinhua) Beijing - China issued 10.06 trillion yuan (about 1.39 trillion U.S. dollars) in new yuan-denominated loans in the first four months of 2025, central bank data showed on Wednesday. At the end of April, outstanding yuan loans amounted to 265.7 trillion yuan, up 7.2 percent year on year, according to the People's Bank of China. In the first…
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