Chinese financial institutions' outstanding loans up 11.4 pct


  • World
  • Monday, 09 May 2022

BEIJING, May 8 (Xinhua) -- Outstanding loans extended by China's financial institutions came in at 201.01 trillion yuan (about 30.3 trillion U.S. dollars) by the end of the first quarter (Q1), central bank data showed.

The figure represents an 11.4 percent year on year rise, according to the People's Bank of China (PBOC).

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