China's new yuan-denominated loans totaled 1.47 trillion yuan (about 228.77 billion U.S. dollars) in April, down 229.3 billion yuan year on year, central bank data showed Wednesday.

 

The M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 8.1 percent year on year to 226.21 trillion yuan at the end of April, according to the People's Bank of China.