Balance of loans in Shanghai rises at end of April


By Zhan YanUnreguser
  • World
  • Monday, 22 May 2023

SHANGHAI, May 21 (Xinhua) -- The balance of loans in Shanghai, including all currencies, stood at 10.79 trillion yuan (about 1.53 trillion U.S. dollars) at the end of April, up 8.5 percent year on year, official data shows.

The balance of loans in Chinese yuan in Shanghai reached 10.15 trillion yuan at the end of April, up 10.4 percent from a year earlier, according to the People's Bank of China Shanghai Head Office.

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