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China Saw Renminbi Loans Jump CNY792.9 Bn in April

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Core Tip: China saw renminbi loans jump CNY 792.9 bn in April, CNY 111.1 bn more from a year ago, according to monthly financial d

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.

 
Keyword: RMB Loans, economy
 
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