China's credit structure improved in Q1: PBOC report

BEIJING, May 10 (Xinhua) -- The outstanding loans extended by China's financial institutions came in at 251.8 trillion yuan (about 35.46 trillion U.S. dollars) at the end of the first quarter, central bank data showed on Friday.

The figure represents a 9.2 percent year on year rise, according to a report from the People's Bank of China (PBOC).

"China's credit expansion has slowed from a double-digit growt