RPT-China Jan total social financing 3.42 trillion yuan

February 16, 2016 2:14 AM

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Feb 16 - Chinese banks extended 2.51 trillion yuan ($385.6 billion) in net new yuan loans in January, far above analysts' expectations and December's 597.8 billion yuan.

The central bank said on Tuesday that broad M2 money supply (M2) grew 14 percent from a year earlier, also beating forecasts.

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