China March new bank loans in line, M2 growth slows

Chinese banks made 1.05 trillion yuan ($168.8 billion) worth of new yuan loans in March, in line with a forecast of 1 trillion yuan but well above the previous month’s 644.5 billion yuan, central bank data showed on Tuesday. The broad M2 money supply grew 12.1 percent last month from a year earli…

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China March new bank loans in line, M2 growth slows