BEIJING, March 9 (Reuters) - China's outstanding total
social financing was 178.73 trillion yuan ($28.20 trillion) at
the end of February, up 11.2 percent from a year earlier, the
central bank said on Friday.
TSF includes off-balance sheet forms of financing that exist
outside the conventional bank lending system, such as initial
public offerings, loans from trust companies and bond sales.
It is also an indicator of activity in China's vast shadow
banking sector, which authorities are trying to rein in as part
of a broader campaign to contain and reduce systemic financial
($1 = 6.3389 Chinese yuan)
(Reporting by Beijing Monitoring Desk; Editing by Sam Holmes)
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