[Balance of loans in Shanghai rises at end of July – About Your Online Magazine] SHANGHAI, Aug. 22 (Xinhua) — The balance of loans in Shanghai stood at 9.12 trillion yuan (1.41 trillion U.S. dollars) at the end of July, up 11.3 percent from the same period last year. The balance of loans in Chinese yuan reached 8.37 trillion yuan at the end of July, up 11.2 percent year on year, and the growth rate was 0.2 percentage points higher than that of the previous month, according to the People’s Bank of China Shanghai Head Office.… Original URL: [Click here to visit original article]