The demand for loans paid in US dollars is growing in China, while deposits are falling, reports indicate.The demand for dollar loans is growing in China, while held reserves of the greenback are falling, a chart from Bank of China shows.Data from the central bank showed that US dollar deposits have declined since reaching an all-time high of $208 billion in June. Meanwhile, foreign currency loans to both businesses and individuals rose for the eighth consecutive month in October."Companies prefer to borrow dollars now to meet overseas payments with a view to repaying the loans once the yuan has risen," declared Shi Lei, a Beijing-based analyst at Bank of China, the nation's biggest foreign exchange dealer, speaking to Bloomberg.The Bank of China data comes amid growing speculation that the yuan will begin to appreciate against the dollar. President Barack Obama has this week visited the country to drum up support for a stronger yuan, after intimating that its artificially low exchange rate is hurting the dollar.