PBOC: Will provide financial support to help manufacturing upgrade

The Chinese central bank (PBOC) came out with the headlines last minutes, making a strong case to provide support to the manufacturing sector.
Key Headlines via Reuters:
Will provide financial support to help manufacturing upgrade and transition
Will support securitisation of credit assets in the manufacturing sector
Will increase scope for insurance firms to invest in manufacturing sector
Will support increased provision of credit to manufacturing sector by financial organisations
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

















