A woman speaks on her mobile phone as she walks past a Hua Xia Bank branch in Shanghai on October 9. Photo: Reuters A woman speaks on her mobile phone as she walks past a Hua Xia Bank branch in Shanghai on October 9. Photo: Reuters
A woman speaks on her mobile phone as she walks past a Hua Xia Bank branch in Shanghai on October 9. Photo: Reuters

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

Topic |   Central Banks
A woman speaks on her mobile phone as she walks past a Hua Xia Bank branch in Shanghai on October 9. Photo: Reuters A woman speaks on her mobile phone as she walks past a Hua Xia Bank branch in Shanghai on October 9. Photo: Reuters
A woman speaks on her mobile phone as she walks past a Hua Xia Bank branch in Shanghai on October 9. Photo: Reuters
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