China's new yuan loans expand in February

BEIJING, March 10 (Xinhua) -- China's new yuan-denominated loans stood at 885.8 billion yuan (about 131 billion U.S. dollars) in February 2019, up 46.5 billion yuan Year on Year, central bank data showed Sunday.

The M2, a broad measure of money supply that covers cash in circulation and all deposits, rose 8 percent Year on Year to 186.74 trillion yuan at the end of February, according to the People's Bank of China.