China's loan and money supply surged in January, reflecting efforts to boost economic recovery.

In January, China's yuan loans surged by 5.13 trillion yuan (about 715 billion USD), and social financing hit a record 7.06 trillion yuan, up 583.3 billion yuan from last year. The M2, a broad measure of money supply, increased by 7% year-on-year to 318.52 trillion yuan, while M1, covering cash and demand deposits, rose 0.4% to 112.45 trillion yuan. These figures reflect China's efforts to boost economic recovery.

5 weeks ago
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