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PBOC May Seek to Lower Financing Costs: Times

CHINA PRESS
MNI (Sydney)

The PBOC may focus on reducing the cost of financing for small companies, wrote Hu Yuexiao, chief analyst at Shanghai Securities in a front-page commentary published in Securities Times. The PPI and CPI are at levels affording authorities room to push interest rates lower, Hu said. The surging property market boosted developers' demand for financing, raising competition for loans for SMEs, the Times said.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

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