A woman speaks on her mobile phone as she walks past a Hua Xia Bank branch in Shanghai on October 9. Photo: Reuters
new | PBOC’s re-lending plan seen as selectively steering credit to help spur economy
The latest iteration of a re-lending scheme, unveiled last weekend by China’s central bank, will help steer new lending towards private companies in an effort to fuel growth
A woman speaks on her mobile phone as she walks past a Hua Xia Bank branch in Shanghai on October 9. Photo: Reuters
