China's yuan-denominated loans rose by 13.53 trillion yuan (about 1.89 trillion U.S. dollars) in the first seven months of this year, central bank data showed on Tuesday.
According to the People's Bank of China, the M2 -- a broad measure of the money supply that includes cash in circulation and all deposits -- rose 6.3 percent year on year to 303.31 trillion yuan (about 42.33 trillion U.S. dollars) at the end of July.
The M1, which covers cash in circulation plus demand deposits, stood at 63.23 trillion yuan (about 8.82 trillion U.S. dollars) at the end of July, down 6.6 percent from the previous year.
According to preliminary statistics, the social financing scale increased to 18.87 trillion yuan (about 2.63 trillion U.S. dollars) in the first seven months, a decrease of 3.22 trillion yuan (about 449 billion U.S. dollars) compared to the same period last year.
At the end of July, outstanding yuan loans totaled 251.11 trillion yuan (about 35.04 trillion U.S. dollars), an increase of 8.7 percent year on year.
China's yuan loans grow by 13.53 trillion yuan in Jan-July: central bank
Iran on Friday warned the United States against violating their bilateral memorandum of understanding, saying any breach would be met with a response.
According to Iran's Press TV, acting Defense Minister Majid Ibn Reza said during a telephone conversation with his Turkish counterpart Yasar Guler that Tehran agreed to the U.S.-Iran ceasefire under the memorandum of understanding in order to help restore stability to the region and at the request of friendly and neighboring countries.
But he made it clear that Iran has zero trust in the United States, pointing to Washington's long record of breaking its promises.
The acting defense minister said that the Armed Forces of Iran remain on full alert, and any violation of the agreement will be met with a proportionate response.
He also said foreign troops in the region do not bring security - they only increase distrust, uncertainty and insecurity.
In addition, Iran's Islamic Revolution Guard Corps warned in a statement on Friday that any miscalculation by the enemy would be met with a more decisive and devastating response than ever before.
Iran vows to respond to violations of MoU
