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10 months ago
China Sept total social financing rises to 1.72 trillion yuan
October 18, 2016 / 7:26 AM / 10 months ago

China Sept total social financing rises to 1.72 trillion yuan

BEIJING, Oct 18 (Reuters) - China's total social financing (TSF), a broad measure of credit and liquidity in the economy, rose to 1.72 trillion yuan ($255.2 billion) in September from 1.47 trillion yuan in August, data from the central bank showed on Tuesday.

TSF includes off-balance sheet forms of financing that exist outside the conventional bank lending system, such as initial public offers, loans from trust companies and bond sales. (Reporting by Kevin Yao; Editing by Kim Coghill)

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