Money
PBOC sets social financing at 14t yuan this year
(Xinhua)
Updated: 2011-04-14 17:32
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BEIJING, - China's central bank, the People's Bank of China (PBOC), said on Thursday that it set this year's social financing at around 14 trillion yuan ($2.14 trillion).
The indicator gauges the overall pace of fundraising to help the central bank judge how much liquidity is in the financial system.
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