Caixin
Aug 13, 2018 06:39 PM
FINANCE

China Regulator to Banks: Lend More, Please

The national headquarters of the China Banking and Insurance Regulatory Commission in Beijing. Photo: VCG
The national headquarters of the China Banking and Insurance Regulatory Commission in Beijing. Photo: VCG

*After urging tightened lending for two years, fears over slowing growth has prompted the banking regulator to tell banks to “increase financing support for the real economy”

*The regulator highlighted the need to open the credit taps for infrastructure projects, but its silence on real estate was seen as signifying that lending will remain tight in this sector

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