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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 597.8 billion yuan in December, down from November's 708.9 billion yuan and well below expectations of 700 billion yuan.
M2 money supply jumped by 13.3% year-on-year in December, after a 13.7gain in November.
Total social financing increased to 1.82 trillion yuan in December from 1.02 trillion yuan in November.
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