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The People's Bank of China (PBoC) released its new loans data on Friday. New loans in local currency in China were 555.6 billion yuan in April, down from March's 1,370.0 billion yuan.
M2 money supply jumped by 12.8% year-on-year in April.
Total social financing decreased to 751 billion yuan in April from 2.34 trillion yuan in March.
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