China's yuan-denominated loans rose by 13.53 trillion yuan (about 1.89 trillion U.S. dollars) in the first seven months of this year, central bank data showed on Tuesday.
According to the People's Bank of China, the M2 -- a broad measure of the money supply that includes cash in circulation and all deposits -- rose 6.3 percent year on year to 303.31 trillion yuan (about 42.33 trillion U.S. dollars) at the end of July.
The M1, which covers cash in circulation plus demand deposits, stood at 63.23 trillion yuan (about 8.82 trillion U.S. dollars) at the end of July, down 6.6 percent from the previous year.
According to preliminary statistics, the social financing scale increased to 18.87 trillion yuan (about 2.63 trillion U.S. dollars) in the first seven months, a decrease of 3.22 trillion yuan (about 449 billion U.S. dollars) compared to the same period last year.
At the end of July, outstanding yuan loans totaled 251.11 trillion yuan (about 35.04 trillion U.S. dollars), an increase of 8.7 percent year on year.
China's yuan loans grow by 13.53 trillion yuan in Jan-July: central bank
Pro-Palestinian demonstrators gathered in at Tel Aviv University in Israel on Wednesday to mark the 77th anniversary of Nakba, the massive exodus of Palestinians that occurred in 1948 following the establishment of the state of Israel.
The "Nakba," which means "catastrophe" in Arabic, refers to the mass displacement and dispossession of Palestinians during the 1948 Arab-Israeli war. It is generally commemorated on May 15.
The demonstrators included students from different universities, members of the Israeli Arab community, and other pro-Palestinian supporters. Many held placards condemning Israel's current actions in Gaza.
The total Palestinian death toll since the latest round of fighting erupted in October 2023, has reached 53,010, health officials in Gaza said on Thursday.
Israel resumed large-scale military operations in Gaza in March, ending a two-month ceasefire.
According to the UN Office for the Coordination of Humanitarian Affairs (OCHA), 71 percent of the Gaza Strip is now under Israeli displacement orders or designated as militarized zones, restricting Palestinian access. Over 436,000 people are estimated to have been displaced again since March.
Pro-Palestinian demonstrators rally in Tel Aviv to mark 77th Nakba Day
