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China’s new loans, M2 money supply expand in September

Last updated on October 29, 2018

China’s total social financing (TSF), a broad measure of credit and liquidity in the economy, rose to 2.21 trillion yuan in September from 1.52 trillion yuan in August, higher than 1.28 trillion yuan in August , data from the central bank showed on Wednesday.

TSF includes off-balance sheet forms of financing that exist outside the conventional bank lending system, such as initial public offerings, loans from trust companies and bond sales. It's also used as . . .

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