REPEAT: MNI INSIGHT: PBOC Steps Ups...........>

CHINA: REPEAT: MNI INSIGHT: PBOC Steps Ups Pressure On Banks To Lend

- The People's Bank of China is redoubling efforts to persuade banks to boost

lending to private sector businesses, despite complaints from financiers and

some officials of contradictory policy signals at a time when authorities are

also promoting deleveraging of state-owned enterprises, MNI understands. In a

sign of the importance with which the PBOC regards increasing credit to the real

economy as trade tensions risk crimping growth, the central bank has made it the

focus of two recent two meetings, chaired by Governor Yi Gang and attended by

heads of the four state-owned lenders, prominent businessmen and policy advisors

including former Governor Zhou Xiaochuan.

- For full story see MNI Main Wire at 12:21 BST 09/12, or contact us for full

access.