Mar 25, 11:45 AM

China Urges Banks to Speed Approvals of New Loans to Private Developers to Support Real Estate Sector Amid Economic Concerns by PBOC

China is pressuring banks to accelerate the approval process for new loans to private developers, aiming to support the real estate sector. This move comes amid concerns following a recent Yuan selloff and signals potential further easing measures by the People's Bank of China to stimulate the economy.

#China #Yuan

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