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China's new yuan loans hit 3.68 trillion yuan in Q1

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BEIJING, April 14 (Xinhua) -- China's yuan-denominated lending reached 3.68 trillion yuan (601.3 billion U.S. dollars) in the first quarter, official data showed on Tuesday.

M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 11.6 percent year on year to 127.53 trillion yuan at the end of March, the People's Bank of China said.

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