Economy
China reports 700 billion yuan of new loans in Feb
(Xinhua)
Updated: 2010-03-11 11:18
 |
Large Medium Small |
BEIJING -- China's new yuan-denominated lending in February stood at 700.01 billion yuan ($102.5 billion), half that of January's 1.39 trillion yuan, the People's Bank of China (PBOC, the central bank) said Thursday.
China's yuan-denominated lending in 2009 hit a record 9.59 trillion yuan, almost double that of the previous year.
