China's new yuan loans shrink, M2 growth unchanged

13.06.2018

Chinese banks extended 1.15 trillion yuan (about 179.7 billion U.S. dollars) in new yuan-denominated loans in May, edging down from 1.18 trillion yuan in April, central bank data showed Tuesday.

The figure was 40.5 billion yuan more than the same period last year, the People's Bank of China said in an...