China’s Yuan Loans Surge as Economy Sees Credit Growth | News Today | DRM News | AF13 скачать в хорошем качестве

China’s Yuan Loans Surge as Economy Sees Credit Growth | News Today | DRM News | AF13

China's yuan-denominated loans saw a significant rise in the first 11 months of 2024, reaching 17.1 trillion yuan ($2.35 trillion). The People’s Bank of China reported a 7.1% annual increase in the money supply (M2), which hit 311.96 trillion yuan ($42 trillion). The country also experienced strong loan growth in key sectors: medium- and long-term loans to manufacturing grew by 12.8%, loans to “little giant” firms (small, high-tech firms) increased by 13.2%, and loans for micro and small businesses rose by 14.3%. Additionally, loan interest rates dropped, with new corporate loan rates falling to 3.45%. China’s upcoming economic policy is expected to maintain a moderately loose monetary stance, aimed at bolstering the real economy. China’s Yuan Loans Surge as Economy Sees Credit Growth | News Today | DRM News | AF13 #ChinaLoans #EconomicGrowth #YuanLoans #ChineseEconomy #MonetaryPolicy #Loans2024 #SmallBusinessLoans #ManufacturingGrowth #InterestRates #ChinaFinance #PeopleBankofChina #FinancialTrends DRM News brings comprehensive coverage of global affairs from a unique and unbiased perspective. At DRM News, we delve into the heart of crucial political developments, social issues, conflicts, and more, bringing you the unfiltered truth on the most pressing issues shaping our global landscape. #DRMNews #LatestNews #BreakingNews DRM News YouTube Channel is managed by Dot Republic Media, All Copyrights Reserved. Subscribe to our channel for all the latest updates:    / @drmnewsinternational   Like our Facebook Page: https://www.facebook.com/profile.php?... Follow us on Instagram:   / drmnews_