PBoC moves to boost lending amid trade tensions

People’s Bank of China headquarters, Beijing

The People’s Bank of China has announced new measures to increase liquidity for private sector firms, amid a slump in global confidence in the economy.

In an interview published on the central bank’s website, governor Yi Gang said the central bank has been exploring further targeted measures to ease business financing difficulties.

Yi said the central bank will accelerate the implementation of programmes that support bond financing of private enterprises.

“By providing credit enhancement

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