• PBOC will provide CNY200B loan support for investment – Xinhua

Market news

15 September 2022

PBOC will provide CNY200B loan support for investment – Xinhua

Following a meeting on Tuesday, China’s State Council announced that the People’s Bank of China (PBOC) will provide more than 200 billion yuan ($28.7 billion) in special lending funds to commercial banks to boost loans to companies, Xinhua News Agency reported.

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