11 Jan 2016
PBOC plans to expand relending programme to support economy
FXStreet (Mumbai) - In its latest effort to spur growth in the economy, the Chinese central bank, PBOC, announced over the last hours via Reuters, that it plans to expand the relending program.
Key Headlines:
To expand relending programme to support economy
At end-2015 had relent 4.97 bln Yuan to 31 local financial institutions
Key Headlines:
To expand relending programme to support economy
At end-2015 had relent 4.97 bln Yuan to 31 local financial institutions