• PBOC: Will keep stable credit growth in property sector

Market news

24 May 2022

PBOC: Will keep stable credit growth in property sector

The People’s Bank of China (PBOC) said in a statement on Tuesday, it will keep stable credit growth in the property sector.

Additional quotes

“Will use various tools to appropriately increase credit to support quality development.”

“Will guide financial institutions to go all out to increase credit.”

Related reads

  • USD/CNH Price Analysis: Recovery remains elusive below 6.7300
  • JP Morgan cuts China’s Q2 2022 GDP growth forecast to -5.4%
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.