✉news BusinessEconomy first seen 1 d ago, last 1 d ago, peak #33
China Expands Targeted Lending to Support Economy
Original: China Expands Targeted Lending Support to Bolster Economy
China has broadened its targeted lending programmes, extending additional credit support aimed at strengthening the economy. Bloomberg reported the move, which signals continued use of selective monetary tools to channel financing to priority sectors. Details on which sectors benefit or the scale of new lending were not immediately specified, but the step adds to a series of measures Beijing has taken to shore up growth.
Why now: Investors and analysts are watching Beijing's policy response to signs of weakness in the Chinese economy.
Evidence
- China Expands Targeted Lending Support to Bolster Economy · Bloomberg.com
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