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PBOC Guangzhou branch reportedly guides banks to provide offshore financing to developers
Info crossing the news wires with no further detail at this stage.
- The People's Bank of China's branch in Guangzhou has recently guided financial institutions under its supervision to provide offshore financing to quality property developers
- backed a domestic guarantee
- involving over 2.8 billion yuan of funding
The news from China is getting better for markets:
Posted: Jan 4 2023, 03:21
Author Name: forexlive
Views: 102067