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In Depth: How Much Can Policy Lending Help Bolster China’s Economy?

By Wang Shiyu, Liu Ran and Qing Na
2024年03月06日 20:07
The irregularly used program raised eyebrows after issuing a net 350 billion yuan in loans in December, the most since November 2022

China has brought back an irregularly used central bank lending program in a big way over the last few months to ramp up financing for housing and infrastructure projects, but how much it will help with the country’s flagging economic recovery remains uncertain.

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