BEIJING: China's yuan-denominated loans rose by 16.52 trillion yuan (about 2.3 trillion U.S. dollars) in the first 10 months of the year, central bank data showed on Monday. The increase highlights the ongoing expansion of credit in the country, reflecting the financial activities in various sectors.According to Namibia Press Agency, the M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 7.5 percent year on year to 309.71 trillion yuan at the end of October. This data suggests a steady increase in the money supply, indicating a significant level of financial liquidity in the economy.