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The PBOC's increase of low-cost and.....>

CHINA PRESS
CHINA PRESS: The PBOC's increase of low-cost and medium-term liquidity supply
will boost financial institutions' provision of credit and will alleviate the
tight credit situation, China Securities Journal reported.
  - The PBOC injected CNY502 billion into the market via medium-term lending
facilities (MLF) loans yesterday after continuous net injections via open market
operations, which the newspaper described as "shocking". 
  - This move is consistent, however, with the PBOC's broadening of the types of
collateral accepted in MLF funds, and with the provision of MLF funds for credit
investment, the newspaper said. 
  - The PBOC's new policies may shift its focus to loosening credit to avoid a
significant decline in social financing, the newspaper added, citing
institutions.

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