China's new yuan-denominated loans totaled 19.95 trillion yuan (3.13 trillion U.S. dollars) in 2021, up 315 billion yuan year on year, central bank data showed Wednesday.
In December alone, new yuan loans stood at 1.13 trillion yuan, down 123.4 billion yuan year on year, according to the People's Bank of China.
The M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 9 percent year on year to 238.29 trillion yuan at the end of 2021.
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