To ensure adequate liquidity in the Chinese banking system, the People's Bank of China, the central bank, announced on Monday it has lowered the cost of borrowing for its medium-term lending facility, a key policy rate known as MLF, for the first time since April 2020.
To ensure adequate liquidity in the Chinese banking system, the People's Bank of China, the central bank, announced on Monday it has lowered the cost of borrowing for its medium-term lending facility, a key policy rate known as MLF, for the first time since April 2020.
Major financial indicators like the aggregate financing to the real economy－AFRE－and credit aggregates will further improve in the early part of the year as there is growing anticipation of more supportive monetary and fiscal policies, experts said on Thursday.
Major financial indicators like the aggregate financing to the real economy－AFRE－and credit aggregates will further improve in the early part of the year as there is growing anticipation of more supportive monetary and fiscal policies, experts said on Thursday.
Major financial indicators like the aggregate financing to the real economy－AFRE－and credit aggregates will further improve in the early part of the year as there is growing anticipation of more supportive monetary and fiscal policies, experts said on Thursday.