China's new yuan loans expand in November
yuan
Beijing - XINHUA
China's new yuan-denominated lending in November hit 708.9 billion yuan (110.8 billion U.S. dollars), up from 513.6 billion yuan posted in October, official data showed Friday.
M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 13.7 percent year on year to 137.4 trillion yuan at the end of November, the People's Bank of China said in a statement on its website.
The narrow measure of money supply (M1), which covers cash in circulation plus demand deposits, rose 15.7 percent year on year to 38.8 trillion yuan, the statement said.
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Paris - Emiratesvoice
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Beirut - NNA
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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