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CHINA
MNI (London)
CHINA: The PBOC has adopted a series of policies to boost the real economy via
credits supply and supporting tools for bonds and equity financing. While
commercial banks are required to make full use of the resources to increase the
financial supports for private and small companies and help to sustain their
commercial activities, Governor Yi Gang said Friday, according to the PBOC
website.
- Financing difficulties have eased somewhat, as lending to private and small
companies has increased at a faster pace this year. However, it is also
noticeably that some enterprises that have expanded at a rapid manner early in
their development still find it hard to obtain financing, the PBOC said.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com