Trivium Neopol - Econ and Finance | Logo 26 Apr 2022

Staunching the bleed

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China’s central bank has thrown developers a lifeline – kind of.

On Monday, Bloomberg and Reuters revealed that the People’s Bank of China (PBoC) held a meeting last week with some of China’s biggest financial institutions to encourage them to lend more to struggling developers.

In attendance...

Snuh-ohez.

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