China yuan loans rise by 9.11T

During the first five months of 2026, yuan-denominated loans in China increased by 9.11 trillion yuan, reaching a total of 281.02 trillion yuan by the end of May. The M2 money supply also grew by 8.6%, amounting to 353.67 trillion yuan. Yuan-denominated deposits rose by 8.7% to 344.45 trillion yuan, while the total financing directed toward the real economy reached 458.81 trillion yuan, marking a 7.7% year-on-year increase.

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