China's April total social financing at 1.75 trln yuan

BEIJING Fri May 10, 2013 4:19am EDT

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BEIJING May 10 (Reuters) - China extended 1.75 trillion yuan ($285.44 billion) worth of total social financing in April, central bank data showed on Friday, down from 2.54 trillion yuan seen in March.

Total social financing is a broad measure of liquidity in China's economy and has expanded at double-digit rates in recent months, leading to concerns that the country's fast credit supply may fuel inflation in future.

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