PBoC relending facility to support tech companies
Subscribe to keep reading.
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Already a subscriber? Log in.
The central bank (PBoC) is throwing its weight behind China’s tech innovation push.
On Sunday, the central bank (PBoC) said it will set up an RMB 500 billion relending facility to support small and medium-sized tech companies.
How the facility works:
Banks that lend to eligible companies can apply ...