• China's central bank to set 500 billion yuan re-lending facility to support service consumption, elderly care

    Source: Buzz FX / 07 May 2025 02:36:29   America/New_York


    (ECNS) -- The People's Bank of China (PBOC), the country's central bank, will establish a 500 billion yuan (about $69.28 billion) of re-lending facility to support consumption in the service sector and elderly care, to increase low-cost fun
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