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CHINA PRESS: China's State Council said it will support lending to private
companies by letting banks boost capital, according to a readout following
Premier Li Keqiang's weekly cabinet meeting on Tuesday. While mindful of "a
credit flooding," regulators will allow banks to increase the issuances of
perpetual debt, lower their barriers for selling preferred shares and
convertible debt, allow funds and annuities to participate, and encourage
overseas financial institutions to participate.