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China's central bank commits to credit guidance for tech innovation and consumption

Summary by chinabankingnews.com
Our briefing on critical macroeconomic and financial themes in China as of Thursday, 27 March, 2025:The People’s Bank of China (PBOC) - the Chinese central bank, advances changes to its interest rate system and open market operations, in a bid to bring them more in line with global practices as well as reduce the squeeze on net interest margins for lenders. The Chinese central bank also just held its first quarter monetary policy execution meeti…
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chinabankingnews.com broke the news in on Thursday, March 27, 2025.
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