© Scanpix/Reuters
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According to People's Bank of China, a
domestic lending in October increased by 17.5 bn yuan compared to 2010,
reaching 586.8 billion yuan ($92.7bn). New loans have surged rapidly from 470
bn yuan in previous month. PBOC told that M2 (money supply covering all
deposits and currency in circulation) has increased 12.9% on yearly basis, attaining 81.7 trillion yuan.