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MNI INTERVIEW: Boost Liquidity To Private.....>

CHINA
CHINA: MNI INTERVIEW: Boost Liquidity To Private Firms: Ex-PBOC Offcl
- The People's Bank of China (PBOC) should be more innovative in channeling
liquidity to the real economy, including giving proper guidance to shadow
banking development, a major source of funding for the private sector, a former
official told MNI in an interview. "The ample liquidity and low-cost capital in
the interbank market have not flowed to the real economy," said Sheng Songcheng,
a former head of the PBOC's statistics and analysis department and now a
counselor to the Shanghai government.
- For full story see MNI Main Wire at 05:23 BST 10/24, or contact us for full
access.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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