China Plans To Issue 1 Trillion Yuan In Loans To Support Property Developers 29/07/22

China targets $148 bln in financing for cash-strapped developers – FT   China will help property developers by issuing 1 trillion yuan ($148.2 billion) in loans for stalled developments, the Financial Times said on Thursday, as Beijing tries to revive the debt-stricken sector and relieve pressure on the economy. The People’s Bank of China (PBOC) …