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BEIJING: China's outstanding yuan property loans grew 20 percent from a year earlier to 38.7 trillion yuan ($5.72 trillion) by end-December, the People's Bank of China said in a quarterly report.

The central bank said on Friday the outstanding household loans by end-2018, were at 47.9 trillion yuan, up 18.2 percent on-year.

Outstanding individual mortgage loans had risen 17.8 percent year-on-year to 25.75 trillion yuan by the end of 2018.

That compared with a 17.9 percent rise at the end of September.

Copyright Reuters, 2019

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