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MNI Research
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: PBOC Asks Banks to Support Carbon Emission Cuts
The People's Bank of China will encourage commercial banks to increase financial support for the country's drive to cut carbon emissions and request them to ensure consistency in real-estate lending by adjusting their credit structure, according to a statement published on the bank's website on Thursday.
China recently tightened loans for home buyers and developers in a bid to prevent asset bubbles. Beijing has also made the cutting of emissions a national priority for this year.
The statement said the PBOC will also boost loans to manufacturing and provide further support for technological innovation.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.