Balance of loans in Shanghai up 7 pct at end of February

SHANGHAI, May 2 (Xinhua) -- The balance of loans in Shanghai, including all currencies, rose 7 percent year on year at the end of February to 11.4 trillion yuan (1.61 trillion U.S. dollars), official data showed.

Specifically, the balance of loans in Chinese yuan stood at 10.83 trillion yuan, up 8.2 percent year on year, according to the People's Bank of China Shanghai Head Office.

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