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509.5 Billion Yuan in New Loans Flow into Real Estate in Q1

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On April 28, China's central bank released financial data for the first quarter. The report revealed that major financial institutions, rural financial institutions and urban credit cooperatives had issued a total of 509.5 billion yuan in loans to the real estate sector, 333.8 billion yuan less than was issued during the same period last year.

Source
China Securities Journal

Google Translation

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