China's yuan loans grow by 21.58 trln yuan in Jan-Nov

BEIJING, Dec. 13 (Xinhua) -- China's yuan-denominated loans rose by 21.58 trillion yuan (about 3.03 trillion U.S. dollars) in the first 11 months of this year, central bank data showed Wednesday.

In November alone, the yuan-denominated loans rose by 1.09 trillion yuan, according to the People's Bank of China.

The M2, a broad measure of money supply that covers cash in circulation and all deposits, climbed