Regulators raise overseas lending caps for some banks
Subscribe to keep reading.
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Already a subscriber? Log in.
Authorities are giving some banks more room to increase cross-border lending. In an April 15 announcement, the central bank (PBoC) and forex regulator (SAFE) raised the leverage ratio for how much banks can lend abroad against their capital base.
For foreign-invested banks operating in mainland Chi...