Trade Resources Economy China Saw Renminbi Loans Jump CNY792.9 Bn in April

China Saw Renminbi Loans Jump CNY792.9 Bn in April

China saw renminbi loans jump CNY 792.9 bn in April, CNY 111.1 bn more from a year ago, according to monthly financial data released by the country's central bank today.

Foreign currency loans added CNY 84.7 bn in the month, CNY 75.1 bn more from a year ago.

China's social financing touched CNY 7.91 trn in the first four months of this year, up CNY 3.06 trn from a year earlier. In April alone, its social financing came to CNY 1.75 trn, rising CNY 783.3 bn from a year ago.

Source: http://www.sinocast.com/readbeatarticle.do?id=93309
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China April CNY792.9bn New RMB Loans
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