Emirates News Agency – China’s new yuan lending surges in 2022
BEIJING, 11th January 2023 (WAM) — China’s new yuan-denominated loans totaled 21.31 trillion yuan (about $3.15 trillion) in 2022, an increase of 1.36 trillion yuan year-on-year, according to central bank data, released by China’s Xinhua News Agency on Tuesday. In December alone, new yuan lending totaled 1.4 trillion yuan, up 266.5 billion yuan year on … Read more